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March 26, 2015

Homework Help: College Economics

Posted by Meg on Tuesday, August 28, 2007 at 9:41am.

Assume that it takes four hours of labor time to paint a room and three hours to sand a floor.If all 24 hours were spent painting, how many rooms could be painted by one worker? If a decision were made to sand two floors, how many painted rooms would have to be given up? ILLISTRATE WITH A PRODUCTION POSSIBILITIES CURVE.

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