Map of washington dc metro for Karl Marx, Capital: A Critique of Political Economy (Penguin USA, 1992); Karl Marx, Grundrisse: Foundations of the Critique of Political Economy (Penguin USA, 1993); David F.Noble, Forces of Production: A Social History of Industrial Automation (Oxford University Press, 1986). SATYA J.GABRIEL MOUNT HOLYOKE COLLEGE production possibilities WHEN AN ECONOMY'S FACTORS of production and technology are given, production possibilities are the set of the various alternative mixes of output that an economy can produce at a given point in time.
The boundary of the production possibilities set is called the production possibilities frontier, or simply the PPF.
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Map Of Washington Dc Metro
Each point in the PPF is defined as follows. Using available resources in the economy to produce some quantity of all possible goods (and services) except one, in the most efficient way, the maximum that can be produced of the last good with the unused resources defines one point in the PPF.
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