Draw and explain production possibility frontier for economy
Draw and explain a production possibility frontier for an economiy that produces corn and rice, what happens to this frontier if a new fertilizer is developed that increasesthe amount of corn that can be produced on each acre of land?
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Draw and explain a production possibility frontier for an economy that produces corn and rice, what happens to this frontier if a new fertilizer is developed.
What is the present value of a security that will pay $39,000 in 20 years if securities of equal risk pay 11% annually? Round your answer to the nearest cent.
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