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April 26, 2015

Homework Help: Microeconomics

Posted by Whitney on Monday, September 21, 2009 at 8:41pm.

PLEASE HELP..the table shows the number of labor hours required to produce a digital camera and bushel of wheat in China and S.Korea.
China Digital cameras 100hrs
China Wheat 5hrs
S.Korea Digital cameras 90hrs
S.Korea Wheat 3hrs

The question is if each country has a total of 9000 labor hours to devote to tthe production of the two goods, draw a production possibilities frontier for each countrty. cameras (x-axis). identify values on your graphs

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