Yvette can read 40 pages of econo Use the blue line (circle symbol) t-

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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1. Problems and Applications Q1
Yvette can read 40 pages of economics in an hour. She can also read 30 pages of sociology in an hour. She spends 4 hours per day studying.
Use the blue line (circle symbol) to draw Yvette's production possibilities frontier (PPF) for reading economics and sociology.
(?)
200
180
160
140
Economics Pages
F
120
100
80
80
40
20
0
0
20
40
60
80
100 120
Sociology Pages
140 180 180 200
Yvette's opportunity cost of reading 90 pages of sociology is
PPF
pages of economics.
Transcribed Image Text:1. Problems and Applications Q1 Yvette can read 40 pages of economics in an hour. She can also read 30 pages of sociology in an hour. She spends 4 hours per day studying. Use the blue line (circle symbol) to draw Yvette's production possibilities frontier (PPF) for reading economics and sociology. (?) 200 180 160 140 Economics Pages F 120 100 80 80 40 20 0 0 20 40 60 80 100 120 Sociology Pages 140 180 180 200 Yvette's opportunity cost of reading 90 pages of sociology is PPF pages of economics.
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