Answer to Question #42736 in Microeconomics for abdulla sabit

Question #42736

Suppose, there are 200 workers in China.They can produce breads and cakes.A Chinese worker can produce 10 cakes or 20 breads in a week.How to draw the PPF for China.

Expert's answer

Download Answer

Learn more about our help with Assignments: Microeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Coconut Airways is suffering from low revenues and inadequate profits. The managing director reports
2. A firm's cost function is: C=20 - 3 Q^2 +2 Q^3 . Its demand is: P =200 - 0.25Q. Find the quanti
3. What is opportunity cost?if a resource can only produce 50 units of bread and it doesn't have a
4. Suppose the market for school education can be described by the following equations. P =1 00 000
5. The ‘Tiny Island’ has a population of 5000 and currently has no tax on beer. However the govern
6. The total demand for good Q is Made up by two markets demand. Market A displays a price elasticity o
7. The US Farm Bill 2012 indicates that the domestic price of wheat will be maintained at $350 per tonn