Question
Read each scenario and draw a production possibility frontier (PPF) that illustrates each action. Some will require you label the X and Y axis and
Read each scenario and draw a production possibility frontier (PPF) that illustrates each action. Some will require you label the X and Y axis and some will not.
1. Coca-Cola is considering giving all of its employees a Christmas bonus. This they will surely have happier employees. Draw a PPF to show how a Christmas bonus would affect coca cola long-term production.
2. Michael Scott runs Dunder Mifflin paper company. Michael is extremely happy because in his latest office report it is revealed that his office is reaching maximum productivity. Draw a PPF that illustrates Dunder Mifflin high level of productivity.
3. Michel Scott's happiness did not last long. In an attempt to get people to take fire drills more seriously. Dwight Schrute started an actual fire and burned down most of the building. Dra a PPF that illustrates the effect of losing their office building has on Dunder Miflin.
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