Draw fred & bamm-bamm ppfs


Assignment task: Barney retires and is replaced by Bamm-Bamm

  • Bamm-Bamm takes ½ hour to make a BB, ? hour to make a DD and has 8 hours of labor a day.

1. Draw Fred & Bamm-Bamm's PPFS.

2. Identify who, if anyone, has an absolute advantage in BB & DD.

3. Identify who, if anyone, has a comparative advantage in BB & DD.

4. Identify who should specialize in BB and whom in DD.

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Other Subject: Draw fred & bamm-bamm ppfs
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