1. Genoa has a population of 100,000. Suppose it takes 100 people to build 1 boat, but only 5 people to grow 1 unit of f

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1. Genoa has a population of 100,000. Suppose it takes 100 people to build 1 boat, but only 5 people to grow 1 unit of f

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1 Genoa Has A Population Of 100 000 Suppose It Takes 100 People To Build 1 Boat But Only 5 People To Grow 1 Unit Of F 1
1 Genoa Has A Population Of 100 000 Suppose It Takes 100 People To Build 1 Boat But Only 5 People To Grow 1 Unit Of F 1 (141.43 KiB) Viewed 28 times
1. Genoa has a population of 100,000. Suppose it takes 100 people to build 1 boat, but only 5 people to grow 1 unit of food. Draw the PPF, with food on the vertical axis. What is the opportunity cost of 1 boat? State the PPF equation (either version):
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