Parts A-D 2. PPF and investment feKayla has 40 hours to provide treatment to injured individuals andto locate disaster survivors. It takes Kayla 8 hours to provide treatment to 1 injured individual and 10hours to locate 1 disaster survivor. In addition, Kayla has the option to devote 4 hours to do one andonly one of the following two activities: acquiring a drone (and learning how to use it) or resting. Inother words, Kayla cannot split her 4 hours between acquiring a drone and resting.If she uses 4 hours to acquire a drone and to learn how to use it, then it takes Kayla 8 hours to providetreatment to 1 injured individual (no change) and 4 hours to locate 1 disaster survivor. If she rests for 4hours, then it takes Kayla 6 hours to provide treatment to 1 injured individual and 6 hours to locate 1disaster survivor. Note that located disaster survivors is on the y-axis (Qps is number of locatedDisaster Survivors) and treated injured individuals is on the x-axis (Q,, is number of treated InjuredIndividuals).a. Sketch Kayla's PPF conditional on not acquiring a drone and not resting. Clearly label yourgraph (i.e., indicate values for slope and intercepts).OosQub. Sketch Kayla's PPF conditional on acquiring a drone and learning how to use it. Clearly labelyour graph (i.e., indicate values for slope and interceptQpsQu5 c. Sketch Kayla's PPF conditional an resting. Clearly label your graph (i.e., indicate values forslope and intercepts).QpsQud. Using your answers in parts 2.a., 2.b., and 2.c., sketch Kayla's PPF. Clearly label your graph (i.e.,indicate values for slopes, intercepts, and kink(s)).QpsQue. How many disaster survivors must be located so that acquiring a drone isefficient? Justify your answer using the graph drawn in part 2.d n6.

Answered: PPF and investment fe Kayla has 40…

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

Parts A-D

2. PPF and investment fe
Kayla has 40 hours to provide treatment to injured individuals and
to locate disaster survivors. It takes Kayla 8 hours to provide treatment to 1 injured individual and 10
hours to locate 1 disaster survivor. In addition, Kayla has the option to devote 4 hours to do one and
only one of the following two activities: acquiring a drone (and learning how to use it) or resting. In
other words, Kayla cannot split her 4 hours between acquiring a drone and resting.
If she uses 4 hours to acquire a drone and to learn how to use it, then it takes Kayla 8 hours to provide
treatment to 1 injured individual (no change) and 4 hours to locate 1 disaster survivor. If she rests for 4
hours, then it takes Kayla 6 hours to provide treatment to 1 injured individual and 6 hours to locate 1
disaster survivor. Note that located disaster survivors is on the y-axis (Qps is number of located
Disaster Survivors) and treated injured individuals is on the x-axis (Q,, is number of treated Injured
Individuals).
a. Sketch Kayla's PPF conditional on not acquiring a drone and not resting. Clearly label your
graph (i.e., indicate values for slope and intercepts).
Oos
Qu
b. Sketch Kayla's PPF conditional on acquiring a drone and learning how to use it. Clearly label
your graph (i.e., indicate values for slope and intercept
Qps
Qu
5

c. Sketch Kayla's PPF conditional an resting. Clearly label your graph (i.e., indicate values for
slope and intercepts).
Qps
Qu
d. Using your answers in parts 2.a., 2.b., and 2.c., sketch Kayla's PPF. Clearly label your graph (i.e.,
indicate values for slopes, intercepts, and kink(s)).
Qps
Qu
e. How many disaster survivors must be located so that acquiring a drone is
efficient? Justify your answer using the graph drawn in part 2.d n
6.

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Since you have posted a question with multiple sub-parts, we will solve first three sub parts for you. To get remaining sub-part solved please repost the complete question and mention the sub-parts to be solved.

The production possibility curve shows the combination of two goods that can be produced with the given resources.

If the economy is producing on the production possibility curve, then it indicates that the economy is using its resources efficiently.

If the economy is produced inside the production possibility curve, then it indicates that the economy is underutilizing its resources.

If the availability of the resources increases or the efficiency of factors of production increases, then the production possibility curve shifts rightward.