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Mansfield, England – Dying Economy, a leading online resource hub that provides up-to-date and in-depth information on the UK and US economies, is thrilled to announce the launch of a new resource ...
American companies employed more than 33 million workers in 2009 at general manufacturing firms that produced approximately $4 billion in products, according to the U.S. Census Bureau. Manufacturing ...
The purpose of this paper is twofold. The first is to obtain a nice characterization of production possibility sets generalizing the well-known nonsubstitution theorem. The second is to obtain a ...
The production possibility frontier (PPF) is a workhorse of economics principles texts, providing useful insights. However, its assumption of a given amount of labor can confuse students, who know ...
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