Suppose that there are 20000 hours of labor available in, Business Economics

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Suppose that there are 20000 hours of labor available in

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: Suppose that there are 20000 hours of labor available in

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Business Economics: Suppose that there are 20000 hours of labor available in

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