Answered: rative Advantage and Interna 2 of 15 (2…

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

Justin has 5 days in a work week; each day he can create either 2 Android apps or 1 Apple app. Pallas also has 5 days to work; each day she can produce either 2 Android apps or 3 Apple apps.

Using the line drawing tool, draw the production possibilities curve (PPC) for Justin in the adjacent graph titled "Justin's PPC". Label your curve appropriately.

Carefully follow the instructions above, and only draw the required

objects.

Using the line drawing tool, draw the production possibilities curve (PPC) for Pallas in the adjacent graph titled "Pallas's PPC". Label your curve appropriately.

Carefully follow the instructions above, and only draw the required

objects.

Using the mulitpoint curve drawing

tool,draw

the single production possibilities curve (PPC) for both Justin and Pallas in the adjacent graph titled "Joint PPC". Label your curve appropriately. (Hit the "Esc" key after you have plotted your last point to exit the drawing tool)

Carefully follow the instructions above, and only draw the required

objects.

rative Advantage and Interna
2 of 15 (2 complete)
eс
Click the graph, choose a tool in the palette and...
on
РС"
Joint PPC
25
Delete
nly
20
Clear
15-
ion
PC
10
Selected:
none
5-
Sel
nor
0+
10
5
15
25
Andriod apps
tte a
Cancel
Save
>>
20
LO
LO
Apple apps

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