Macmillan Learning Christine and Paul are deciding how to split their time between writing music and writing lyrics for their new album. Their PPFs for 72 hours of work are shown in the accompanying diagram. Christine and Paul have to write music for 8 songs and lyrics for 12 songs; 4 songs already I have music. When they are done, they can go to a private island and relax from all their hard work. It is possible that they will use more than 72 hours. Once they start writing lyrics and music, assuming their hired help packs for them, and their plane is waiting outside their door, in how many hours can they board the plane to their relaxing island getaway? Music written (in # of songs) 9. 8- 2- Paul's PPF 1- Christine's PPF 0 1 3 4 5 6 7 8 9. Lyrics written (in # of songs) Christine has a comparative advantage in writing Paul has a comprative advantage in writing Christine will write music for songs. Paul will write music for songs. Christine will write lyrics for songs. Paul will write lyrics for songs. How many hours will it take Christine and Paul to complete the job? Search W hours
Macmillan Learning Christine and Paul are deciding how to split their time between writing music and writing lyrics for their new album. Their PPFs for 72 hours of work are shown in the accompanying diagram. Christine and Paul have to write music for 8 songs and lyrics for 12 songs; 4 songs already I have music. When they are done, they can go to a private island and relax from all their hard work. It is possible that they will use more than 72 hours. Once they start writing lyrics and music, assuming their hired help packs for them, and their plane is waiting outside their door, in how many hours can they board the plane to their relaxing island getaway? Music written (in # of songs) 9. 8- 2- Paul's PPF 1- Christine's PPF 0 1 3 4 5 6 7 8 9. Lyrics written (in # of songs) Christine has a comparative advantage in writing Paul has a comprative advantage in writing Christine will write music for songs. Paul will write music for songs. Christine will write lyrics for songs. Paul will write lyrics for songs. How many hours will it take Christine and Paul to complete the job? Search W hours
Chapter2: Scarcity And Opportunity Costs
Section: Chapter Questions
Problem 14E
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