Re: Pareto Efficiency - June 20

Posted by r on Jun 20, 2012; 4:11am
URL: http://discussion-forum.276.s1.nabble.com/Pareto-Efficiency-June-20-tp7578282p7578284.html

(i) PPF will be a kinky curve intersecting at two given technologies ...it will be like a max function.To
produce both goods we will use min technology

(ii) (a)(50;50)

     (b)(40;60)
(iii) (50,50)