Consider a society whose only worker is John who allocates his production time between cutting hair and baking bread. Each hour per day he devotes to cutting hair yields 5 haircuts, and each hour he devotes to baking bread yields 6 loaves of bread. If John works a total of 10 hours per day, graph his production possibilities frontier by plotting at least two points on the curve

Question 4 [5 points] Consider a society whose only worker is John who allocates his production time between cutting hair and baking bread. Each hour per day he devotes to cutting hair yields 5 haircuts, and each hour he devotes to baking bread yields 6 loaves of bread. If John works a total of 10 hours per day, graph his production possibilities frontier by plotting at least two points on the curve. A 35' 1:! I o .9; 1:! I In is '6 In an E o _| 3! 40 Haircuts (per day)