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Why Is It Inefficient for an Economy to Be Inside

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Essay

Why is it inefficient for an economy to be inside the production possibilities frontier?


Definitions:

Hypertonic

Describes a fluid that has a high overall solute concentration relative to another fluid.

Turgor

Pressure that a fluid exerts against a structure that contains it.

Hypertonic

A solution having a higher concentration of solutes compared to another solution, resulting in the movement of water out of a cell if placed in such a solution.

Hypotonic

Describes a fluid that has a low overall solute concentration relative to another fluid.

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