Suppose that there are 20000 hours of labor available in, Ask an Expert

Economics

Suppose that there are 20,000 hours of labor available in country A, and that 5 hours of labor are required to produce one unit of S, while 4 hours are required to produce one unit of T. Draw A's PPF and find its slope. What is the relative price of S to T (Ps/PT)?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91995216

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