Maria can read 20 pages of economics in an hour. She can also read 50 pages of
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Maria can read 20 pages of economics in an hour. She can also read 50 pages of sociology in an hour. She spends five 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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Related Book For
Principles Of Microeconomics [Australia And New Zealand Edition]
ISBN: 9781337408066
6th Edition
Authors: Joshua Gans, Stephen King, Martin Byford, N. Gregory Mankiw
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