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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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