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Both country 1 and country 2 are located on their respective

Paper help Economics Both country 1 and country 2 are located on their respective

Economics

Both country 1 and country 2 are located on their respective

Both country 1 and country 2 are located on their respective PPF, but country 1 produces twice the o… Show more Both country 1 and country 2 are located on their respective PPF, but country 1 produces twice the output that country 2 produces. It follows that a) country 1’s PPF lies further to the right than country 2’s PPF b) country 1 has a smaller population than country 2 c) country 1 has a bigger population than country 2 d) dountry 1 practices capitalism and country 2 practices socialism e) none of the above • Show less

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