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1.4.2 The location of production points

Unit 1.4.2 - The location of production pointsThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to be able to understand the significance of the location of production points in a PPC diagram, i.e. points under, on, and beyond a PPC.At a particular period of time, it is possible for an economy to operate on any point of the PPC as shown in the section above. However, it is also possible...

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