Need Help with Eco1101 Question (1 Viewer)

aanthnnyyy

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Since it's a three point wide economy this time you apply the same principles as before (low fruit hanging concept). So calculate the opportunity costs and as you see it will be Lowest = Huan, second lowest = backo and third lowest = Tina. As you know the principle suggests that the person with the lowest opportunity cost should produce first (I.e. Huan). The end points of rabbits and bananas on the axes should be the maximum production of all 3 jointly produce d
 

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