Alice and Bob each produce haircuts and landscaping services.  Alice can provide 4 haircuts in one hour.  Bob can provide 2 haircuts in one hour.  It takes Alice 2 hours to landscape an acre of property.  It takes Bob 1 hour to landscape an acre of property.  Assume Alice and Bob both work a standard 8 hour day.  Which of the following correctly expresses the equation for Bob's PPF   H=32-8L H=16-2L 2H+L=16 or    none of the other choices are correct

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Alice and Bob each produce haircuts and landscaping services.  Alice can provide 4 haircuts in one hour.  Bob can provide 2 haircuts in one hour.  It takes Alice 2 hours to landscape an acre of property.  It takes Bob 1 hour to landscape an acre of property.  Assume Alice and Bob both work a standard 8 hour day.  Which of the following correctly expresses the equation for Bob's PPF
 
H=32-8L
H=16-2L
2H+L=16
or 
 
none of the other choices are correct
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Step 1: Define key term:

A production possibility frontier (PPF) is a graphical representation that shows the maximum potential output of two goods or services that an economy can achieve, given its level of technology and inputs. It illustrates the trade-offs between different choices and the opportunity cost of allocating resources to one activity over another.

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