1) Draw a PPC and show points that are a)efficient b)unattainable and c) underutilised I 2)...

 

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1) Draw a PPC and show points that are a)efficient b)unattainable and c) underutilised I 2) Your resource is 10 hrs to study, two subjects econ and English If you allocate all your time to econ you will earn an A in Econ but a D in English If you allocate all your time to English you will earn an A in English but a D in Econ If you allocate 5 hrs to study each subject you will earn a B in English and a B in Econ Draw a PPC curve. and plot the three scenarios on your graph, are all points on the curve? Identify the best point 1) Draw a PPC and show points that are a)efficient b)unattainable and c) underutilised I 2) Your resource is 10 hrs to study, two subjects econ and English If you allocate all your time to econ you will earn an A in Econ but a D in English If you allocate all your time to English you will earn an A in English but a D in Econ If you allocate 5 hrs to study each subject you will earn a B in English and a B in Econ Draw a PPC curve. and plot the three scenarios on your graph, are all points on the curve? Identify the best point

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1 Here is a production possibilities curve PPC with the points marked Efficien... View the full answer