Draw marias production possibilities frontier for reading, Macroeconomics

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Draw marias production possibilities frontier for reading

Problem

Maria can read 20 pages of economics in an hour. She can also read 50 pages of sociology in an hour. She spends 5 hours per day studying.

i. Draw Maria's production possibilities frontier for reading economics and sociology.

ii. What is Maria's opportunity cost of reading 100 pages of sociology?

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Macroeconomics: Draw marias production possibilities frontier for reading

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Macroeconomics: Draw marias production possibilities frontier for reading

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