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18) Consider a society facing the production possibilities curves in the figure shown. What is the most likely cause of a soc
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GIven the same cost curve, the intercept has shifted across the X axis. That means the cost of producing a single unit of book has gone down. It doesnt mean that demand for books has increased. Hence A better printing technology can cause the PPF1 line to shift to PPF3 thereby reducing cost of a single book

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