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the government offers subsidy on the …

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the government offers subsidy on the purchase of more efficient machine for the mining of coal. what is its economic value in the context of production possibility curve??

    • Posted by Shruti Rekhi 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Nitin Nainani 6 years, 7 months ago

    Economic value- increase in production ,as more machines will be used. But economy which was operating inside the PPC earlier will now be operating on the PPC.

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