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Please teach me how to solve the following questions and how to draw production possibilities frontier. 1. Maria can read 20 pages of economics in
Please teach me how to solve the following questions and how to draw production possibilities frontier.
1. Maria can read 20 pages of economics in a 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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