Draw a production possibilities curve for time. On one axis put sleep time and on the other put awake time. You have 24 hours available in a given day. Indicate the combination that describes your allocation today. Also indicate a combination that is unavailable for anyone. Make sure you use excel for the graph.© BrainMass Inc. brainmass.com October 16, 2018, 11:41 pm ad1c9bdddf
A production possibilities curve for time is drawn in an attached Excel file.
Graphing a production possibilities frontier
I need a graph of the production possibilities frontier for the following question:
American and Japanese workers can each produce 4 cars a year. An American worker can produce 10 tons of grain a year, while a Japanese worker can produce 5 tons of grain a year. Assume that each country has 100 million workers.View Full Posting Details