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QUESTION
5 points) Production Possibility Frontiers: potatoes and corn (1 point) Draw a production possibilities curve for your farm of ten acres between...
- (1 point) If there is a law protecting my right to quiet, what can the neighbor do to keep his chickens? Can there be an efficient outcome? Would you expect this to happen?
- (1 point) If there is a law allowing noise (or at least no law prohibiting it), then what could I (and my other neighbors) do to get rid of the chickens (legally)? Can there be an efficient outcome? Would you expect this to happen?
