Assume that it takes four hours of labor time to paint a room and two hours to

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Assume that it takes four hours of labor time to paint a room and two hours to sand a floor. If all 24 hours were spent painting,

(a) How many rooms could be painted by one worker?

(b) If a decision were made to sand two floors, how many painted rooms would have to be given up?

(c) Illustrate with a production possibilities curve?

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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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