ECO105 ReviewFriday.docx

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Department
Economics
Course
ECO105Y1
Professor
Avi Cohen
Semester
Fall

Description
ECO105 Review Friday, October 18, 2013 -if slope is always constant (straight line) then the opportunity costs are always constant -inputs area all equally productive -trade off each time as you move down the slope is constant -trade line will be outside the PFF because after specialization and trade they can attain this goal -start from point of specialization then do trade -point where production
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