Assume the following production possibilities data are for a small country off the coast of South America. Assume that this economy is currently at point “C”.
A B C D E
Pretzels 0 8 13 17 20
Beer 8 6 4 2 0
Suppose that for whatever reason, this country found itself with 5 pretzels and 3 beers, and that it still had the production possibilities data given above. How would this new combination of pretzels and beer be achieved?
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