1. Problems and Applications Q1 V Beth can read 40 pages of astronomy in an hour. She can also read 30 pages of sociology in an hour. She spends 4 hours per day studying. Use the blue line (circle symbol) to draw Beth's production possibilities frontier (PPF) for reading astronomy and sociology. ? Astronomy Pages 200 180 160 C 140 120 100 80 60 40 20 0 + 0 20 40 60 80 100 120 140 160 180 200 Sociology Pages Beth's opportunity cost of reading 60 pages of sociology is PPF . pages of astronomy.
1. Problems and Applications Q1 V Beth can read 40 pages of astronomy in an hour. She can also read 30 pages of sociology in an hour. She spends 4 hours per day studying. Use the blue line (circle symbol) to draw Beth's production possibilities frontier (PPF) for reading astronomy and sociology. ? Astronomy Pages 200 180 160 C 140 120 100 80 60 40 20 0 + 0 20 40 60 80 100 120 140 160 180 200 Sociology Pages Beth's opportunity cost of reading 60 pages of sociology is PPF . pages of astronomy.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 8SQ
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