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Submission Timeframe: It is important to submit the PDF within the two-hour exam window. I recommend aim to complete the test in 90 minutes, leaving
Submission Timeframe: It is important to submit the PDF within the two-hour exam window. I recommend aim to complete the test in 90 minutes, leaving 30 minutes to compile your responses into a PDF and upload it to Canvas. Exam Versions: Please be aware that there will be different versions of the exam given to students enrolled in course. John can assemble 10 bicycles per hour or craft 5 rocking chairs per hour. His assistant Jane can assemble 5 bicycles per hour or craft 3 rocking chairs per hour. Using the information provided, draw John and Jane's production possibility frontiers on the graph below. Based on the PPFs, who has the comparative advantage in assembling bicycles? In crafting rocking chairs? Explain your reasoning
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