Bundl e A B C D E Now Crusoe is joined by Friday on his island. Friday also produces bread and cloth. His production possibilities, along with Robinson's, are shown in the table below: (For Robinson, you've already calculated part of his opportunity costs above.) F Bread (Loave s per Month) 20 Bread 18 15 11 6 0 Robinson OC of one loaf of bread ½ 1/3 ½ 1/5 1/6 Cloth (Yards per Month) 0 1 2 3 دیا 4 5 OC of one yard of cloth 2 3 4 5 6 Bundl e a b C d e Bread (Loave s per Month) 8 7 6 5 0 Friday OC of one loaf of bread - 1 '15 Cloth OC of (Yards per Month ) 0 n. Graph the PPFs for both Robinson and Friday on the same graph below (Robinson's hasn't changed) 2 4 6 9 one yard of cloth 1 - 5
Bundl e A B C D E Now Crusoe is joined by Friday on his island. Friday also produces bread and cloth. His production possibilities, along with Robinson's, are shown in the table below: (For Robinson, you've already calculated part of his opportunity costs above.) F Bread (Loave s per Month) 20 Bread 18 15 11 6 0 Robinson OC of one loaf of bread ½ 1/3 ½ 1/5 1/6 Cloth (Yards per Month) 0 1 2 3 دیا 4 5 OC of one yard of cloth 2 3 4 5 6 Bundl e a b C d e Bread (Loave s per Month) 8 7 6 5 0 Friday OC of one loaf of bread - 1 '15 Cloth OC of (Yards per Month ) 0 n. Graph the PPFs for both Robinson and Friday on the same graph below (Robinson's hasn't changed) 2 4 6 9 one yard of cloth 1 - 5
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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I want to see if my understanding of the
Transcribed Image Text:Robinson can make more bread overall
Bundl
e
A
B
C
D
E
Now Crusoe is joined by Friday on his island. Friday also produces bread and cloth. His
production possibilities, along with Robinson's, are shown in the table below:
(For Robinson, you've already calculated part of his opportunity costs above.)
F
20
18
Bread
16
14
12
10
8
6
Robinson
Bread OC of
(Loave
4
s per
Month)
20
18
15
11
6
0
one
loaf of
bread
Friday=
Rohinson =
½
1/3
14
1/5
1/6
Cloth OC of
(Yards
per
Month)
0
1
2
3
29
4
5
one
yard of
cloth
3
2
3
4
5
6
Bundl
e
a
b
C
d
e
Bread
(Loave
s per
Month)
8
7
6
6
5
0
Friday
OC of
n. Graph the PPFs for both Robinson and Friday on the same graph below
(Robinson's hasn't changed)
one
loaf of
bread
1
'15
Cloth
(Yards
per
Month
)
0
2
4
6
9
OC of
one
yard of
cloth
7 8
9
Cloth in Yards
1
1
5
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