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ppc

points A, B, and C, lie on the curved line indicating that these outputs are possible and efficient. Point D lies inside, or to the left, of the curve, this means that it is a possible output for both but, it is an inefficient use of resources. Point E lies outside, or to the right, of the curve meaning its an unreachable combination of output given the current available resources.

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Uploaded on January 4, 2016