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2 arbitrary points - PowerPoint PPT Presentation

Edgeworth Box

X=1.5. X=1. Edgeworth Box. Suppose we look at the production possibilities for good X. Then this may represent an isoquant for good X (e.g. combinations of capital and labor producing 1 X). Capital X K X. Similarly, this may be another isoquant for good X (e.g. producing 1.5 X). 0.

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2 arbitrary points - PowerPoint PPT Presentation

Edgeworth Box