Macroeconomics (12th Edition) (Pearson Series in Economics)
Macroeconomics (12th Edition) (Pearson Series in Economics)
12th Edition
ISBN: 9780133872644
Author: Michael Parkin
Publisher: PEARSON
Question
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Chapter 2, Problem 19APA

(a)

To determine

Identify the opportunity cost of upgrading workers’ skills and creating new technology.

(b)

To determine

Draw the PPF of Toyota and identify the production point in 2014 and 2018.

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