Econ 2301 test 1 Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Econ 2301 test 1? On this page you'll find 1 study documents about Econ 2301 test 1.
All 1 results
Sort by
-
ECON 2301 Test 1 - Verified with 100% Correct Answers
- Exam (elaborations) • 11 pages • 2024
-
- $16.99
- + learn more
ECON 2301 Test 1 - Verified with 100% Correct Answers Through war, many of the factories in country 1 are destroyed and many of its people are killed. As a result, the country's PPF has shifted to the left. Points that lie outside (or beyond) the PPF are unattainable. The economy moves from point A, where it produces 100 units of X and 200 units of Y, to point B where it produces 200 units of X and 150 units of Y. It follows that B and C (point A may be a productive inefficient point; point A...
As you read this, a fellow student has made another $4.70
How did he do that? By selling his study resources on Stuvia. Try it yourself! Discover all about earning on Stuvia