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Question 10 1 pts Ron can either workout or make sushi rolls. It takes him 40 minutes to finish 1 workout and 20 minutes to
Question 10 1 pts Ron can either workout or make sushi rolls. It takes him 40 minutes to finish 1 workout and 20 minutes to make 1 sushi roll. If he has 120 minutes to do these two activities, what is the equation of the production possibility frontier (PPF) that describes the tradeoff between these two activities? (Assume workouts are on the x axis and sushi rolls are on the y axis) O y-6-2x O y=3-0.5x O y-3-2x O y=6-0.5x Question 11 1 pts Alma has two options to get to her friend's house on the coast. She can either take an Uber or ride the bus. The Uber will cost her $60 and it will take one hour to get to her friend's house. The bus will only cost $10 but it will take her three hours to get to her friend's house. How much does Alma have to value her time per hour to make her willing to use an Uber instead of taking the bus? Provide the the dollar amount below. Do not include a "S' sign. Question 12 1 pts Consider the demand for airplane tickets. Which of the following does not cause the demand for airplane tickets to shift? O Decrease in number of consumers due to a pandemic O Increase in price of jet fuel O Increase in the price of airplane tickets O Decrease in the price of cruise tickets (a substitute for airplane tickets) Question 13 1 pts Consider the market for cars. Car producers expect the price of cars to increase next month. What will happen to the supply curve right now? O The current supply of cars will decrease (a shift in the entire curve) O The current supply of cars will increase (a shift in the entire curve) O The current quantity supplied for cars will increase (a movement along the curve) without a shift in the curve () The current quantity supplied for cars will d se (a movement along the curve) without a shift in the curve
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