help! scenario questions about PPF. Scenario: Spring is here at last. While Daniel is scrambling to attend state competitions and negotiatedeals in Korea, applications from prospective interns are pouring in at Demi Dec every day. Returningwriters from the previous Demi Dec summer have already filled over half the positions at Demi Dec.Daniel is working at selecting the other half to write the resources and flashcards. As he searches througha large pool of talent, he must take care to hire within his budget. An astute economist, Daniel is quick toanalyse the relationships of the various positions at Demi Dec. On the back of a banquet program, inbetween webcasting the results, he drafts this "Personnel Possibilities Frontier":Personnel PossibilitiesA17EВ14D610 12Resource WritersA. Match the letter of each point on the PPF above to the description that best identifies it.Flashcard Writers A17EB14D61012Resource WritersA. Match the letter of each point on the PPF above to the description that best identifies it.1.Daniel will not be utilizing his entire Flashcard and Resource Writer budget. He couldeasily hire more of each.2.Daniel will hire a combination of BOTH Resource Writers and Flashcard Writers, butthere will be more Flashcard Writers in the mix.3.Daniel hires ONLY Resource Writers,4.Assuming there will be no sudden increase in subscriptions, this point is not withinDemi Dec's budget.Flashcard Writers

Given the PPF of person D , which represents the utilization of flashcard and resources writer…

Answered: Match the letter of each point on the…

Business

Economics

Match the letter of each point on the PPF above to the description that best identifies it.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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help! scenario questions about PPF.

Scenario: Spring is here at last. While Daniel is scrambling to attend state competitions and negotiate
deals in Korea, applications from prospective interns are pouring in at Demi Dec every day. Returning
writers from the previous Demi Dec summer have already filled over half the positions at Demi Dec.
Daniel is working at selecting the other half to write the resources and flashcards. As he searches through
a large pool of talent, he must take care to hire within his budget. An astute economist, Daniel is quick to
analyse the relationships of the various positions at Demi Dec. On the back of a banquet program, in
between webcasting the results, he drafts this "Personnel Possibilities Frontier":
Personnel Possibilities
A
17
E
В
14
D
6
10 12
Resource Writers
A. Match the letter of each point on the PPF above to the description that best identifies it.
Flashcard Writers

A
17
E
B
14
D
6
10
12
Resource Writers
A. Match the letter of each point on the PPF above to the description that best identifies it.
1.
Daniel will not be utilizing his entire Flashcard and Resource Writer budget. He could
easily hire more of each.
2.
Daniel will hire a combination of BOTH Resource Writers and Flashcard Writers, but
there will be more Flashcard Writers in the mix.
3.
Daniel hires ONLY Resource Writers,
4.
Assuming there will be no sudden increase in subscriptions, this point is not within
Demi Dec's budget.
Flashcard Writers

Definition Definition Curve that represents the various combinations of production possibilities of two commodities when resources or factors of production are given.

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