Answered: Use the blue line (circle symbol) to…

Use the blue line (circle symbol) to draw Yvette's production possibilities frontier (PPF) for reading astronomy and sociology. dy Tools 200 Tips 180 Tips PPF 160 140

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter3: Interdependence And The Gains From Trade

Section: Chapter Questions

Problem 1PA

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Question

Yvette can read 30 pages of astronomy in an hour. She can also read 20 pages of sociology in an hour. She spends 6 hours per day studying.

Use the blue line (circle symbol) to draw Yvette's production possibilities frontier (PPF) for reading astronomy and sociology.
udy Tools
200
s Tips
180
s Tips
PPF
160
140
120
100
60
40
20
20
40
60
80
100
120
140
180
180
200
Sociology Pages
a
EN
Cop
Astronomy Pages

Yvette's opportunity cost of reading 60 pages of sociology is
pages of astronomy.

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