Chapter13: General Equilibrium And Welfare
Section: Chapter Questions
Problem 13.1P
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Question
Suppose a bakery has 20 employees to be designed as bread bakers (B) and cake bakers (C), so that B+C=20.asap thanks
![1) what is the equation for the production
possibilities frontier if the production.
functions is,
40
y = 4B0.5 and X = C0.5
2) What is the equation for the production
possibilitier frontier when the production
"Punctions is,
0.5
y = B and X = 4c](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa394315e-6c38-4a49-9f65-ba55180eee86%2F883e628d-09a9-4373-a097-08fcae585b26%2Fjvktku_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1) what is the equation for the production
possibilities frontier if the production.
functions is,
40
y = 4B0.5 and X = C0.5
2) What is the equation for the production
possibilitier frontier when the production
"Punctions is,
0.5
y = B and X = 4c
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