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

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Manuela 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 Manuela’s production possibilities frontier for reading economics and sociology.

b. What is Manuela’s opportunity cost of reading 100 pages of sociology?

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Economics

ISBN: 124344

2nd Edition

Authors: N. Gregory Mankiw

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Question Posted: Nov 02, 2024 07:00 AM

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

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Economics

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