Show the intercepts and slopes for pat and kris

Assignment Help Macroeconomics
Reference no: EM13223728

Draw the PPF's for Pat and Kris, assume the relevant time period is a 12 hour day. Show the intercepts and slopes for Pat and Kris.

Pat and Kris are roommates. They spend most of their time studying (of course), but some time for their favorite activities: making pizza and brewing root beer. Pat takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Kris takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza.

Reference no: EM13223728

Questions Cloud

Find some update facts for each case to support theme : Microeconomic influences on Wal-Mart in Mexico) in this chapter illustrate the major theme of this text: changes in the macro environment affect individual firms and industries through the microeconomic factors of demand, production, cost, and pro..
What is a good recommendation for bjb manufacturing company : what is a good recommendation for BJB manufacturing company quality management initiative proposal.
At what price the consumer ceases to purchase y : The consumer's utility function is U(x, y) = 3x + 2y. Let Px = 2, I = 12. (a) If price Py is too high, the consumer will not want to purchase any y. Find the lowest price Py at which the consumer ceases to purchase y.
Compute delta h for the solution process : Calculate Delta H kJ/mol NH4NO3 for the solution process. NH4NO3 ( s) yields NH4 (there is a plus sign above the four)(aq) + ^ + NO3(negative sign above the three) (aq)
Show the intercepts and slopes for pat and kris : Pat and Kris are roommates. They spend most of their time studying (of course), but some time for their favorite activities: making pizza and brewing root beer. Pat takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza.
Explain gasoline is composed primarily of hydrocarbons : Gasoline is composed primarily of hydrocarbons, including many with eight carbon atoms, called octanes. One of the cleanest-burning octanes is a compound called 2,3,4-trimethylpentane, which has the structural formula shown in the figure.
How descriptive statistics are related to data distribution : Explain how descriptive statistics are related to data distribution graphs and how effective this qualitative method is in describing population characteristics.
How would a homogenous approach arguments : compose an argument for or against the idea that the peasantry constitutes a uniform social category. How would a homogenous approach, a heterogeneous approach, or a differentiation approach that considers political economy support your argument
Evaluate the concept of administrative liaison officer : Evaluate the concept of "administrative liaison officer" as a strategy for achieving integration. Is this an example of the mutual adjustment strategy?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Calculate the equilibrium level of income

In the aggregate expenditure model, suppose that consumption function is given by C=800+0.58(Y-TP), that planned investment (I) equals 250, and that government buy

  Do comparision with the economics of the two service product

Do comparision with the economics of the two following service producing alternatives.

  Illustrate the invisible hand theorem supported by example

Explain Comparative Advantage, specialization, and trade support by example. Illustrate the invisible hand theorem supported by example.

  Make sure to discuss how facebook has both impacted

Make sure to discuss how Facebook has both impacted and been impacted by the technological and other changes that comprise a low-friction economy as well as in terms of supply and demand.

  What are the inefficiencies that arise in each of cases

How many bushels of corn are purchased by consumers and at what price? How many bushels of corn are purchased by the government and at what price? How much does the program cost the government? How much revenue do corn farmers receive.

  Present day which are the result of government policies

Is it possible that the levels of unemployment present day which are the result of government policies.

  Calculate the equilibrium level of real gdp

Calculate the equilibrium level of real GDP. Does the government succeed in increasing real GDP and calculate the equilibrium level of real GDP.

  Explain how relevant to the real world do you believe

Explain how relevant to the real world do you believe this result is in the "contestable markets" view of the competitive process.

  How to determine the optimal level of pollution

Give me some information on taxing pollution. Discuss it using the ideas of externality, supply, and demand. How do we determine the optimal level of pollution? Is the optimal level of pollution zero Why or why not

  Explain the rationale behind equal prices

You don't actually have to draw them to answer this question. Just explain in words. OK, you might want to draw them first then explain them.

  Illustrate what were the characteristics of great britains

Illustrate what were the characteristics of Great Britain's economic relationship with India in the 17th and 18th centuries, How would you explain their success in their competition with the Dutch.

  Strategies that permit the vertically integrated

Explain why this strategy may, in fact, be rational. Also, identify at least two other strategies that might permit Argyle to earn higher profits.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd