The graph in Figure 2P-1 shows Tanyas weekly production possibilities frontier for doing homework (writing papers and

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The graph in Figure 2P-1 shows Tanya’s weekly production possibilities frontier for doing homework (writing papers and doing problem sets).
a. What is the slope of the production possibilities frontier?
b. What is the opportunity cost of doing one problem set?
c. What is the opportunity cost of writing one paper?
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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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