Essay
An economy consists of five workers, who can produce either fish or fruit.The following table shows the daily output of each worker.
(a) Suppose one worker catches fish and four workers pick fruit.For the economy to achieve productive efficiency, which of the five workers must fish?
(b) Does the economy achieve full employment and productive efficiency by producing 26 fish and 20 fruit?
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(a) Productive efficiency requires that ...View Answer
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