There’s a general issue here, which is that most situations are positive-sum instead of zero-sum. Asking which tradeoff to have on the production possibilities frontier is sometimes interesting, but most of the time the challenge is simply getting to the frontier (or pushing it further along).
Yes.
There’s a general issue here, which is that most situations are positive-sum instead of zero-sum. Asking which tradeoff to have on the production possibilities frontier is sometimes interesting, but most of the time the challenge is simply getting to the frontier (or pushing it further along).