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  • Feasible Set

Feasible Frontier

The feasible frontier is the boundary of the feasible set, defined by a curve or line that shows the maximum feasible quantity of one good for a given quantity of the other. It represents the limit of what is attainable. In many economic models, the budget constraint serves as the feasible frontier, forming the upper boundary of the feasible set.

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CORE Econ

Economics

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Science

Economy

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Learn After

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