1. Maria can read 20 pages of economics in an hour. She can also read 50 pages...

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1. Maria can read 20 pages of economics in an hour. She can also read 50 pages of sociology in an hour. She spends 5 hours per day studying.

a. Draw Maria's production possibilities frontier for reading economics and sociology.

b. What is Maria's opportunity cost of reading 100 pages of sociology?

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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Question Posted: Sep 28, 2024 07:02 AM

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1. Maria can read 20 pages of economics in an hour. She can also read 50 pages...

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Principles Of Macroeconomics

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