Friday's Production Possibilities Friday is another castaway on a nearby island, who can produce 4 logs per hour, or 500

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Friday S Production Possibilities Friday Is Another Castaway On A Nearby Island Who Can Produce 4 Logs Per Hour Or 500 1 (291.21 KiB) Viewed 44 times

Friday's Production Possibilities Friday is another castaway on a nearby island, who can produce 4 logs per hour, or 500 calories of fish per hour. There are 12 hours of daylight with which Friday may work to collect firewood and fish. To survive, each day Friday must collect 32 logs and 2000 calories of fish. Wood: 0 logs Fish : 0 cals Note that because the rates of production are constant, Friday's production possibility frontier will be linear. Draw his production possibility frontier given that he could produce 6000 cals of fish or 48 logs of firewood given 12 hours of daylight. (Plot 2 more points on the production possibility frontier, and click on Check Answer.) Fridays Production Possibility Frontier Time Gather Firewood Time Fishing Firewood (logs) Fish (cals) 0 12 0 6000 1 11 4 5500 2 10 8 5000 3 9 4500 4 8 4000 5 7 3500 6 6 3000 7 5 2500 8 4 2000 9 3 1500 10 2 1000 11 1 500 12 0 0 To plot a point on the graph, enter the values Wood (logs.) Fish (cals) Add 12 16 20 24 28 32 36 40 44 48 Check Answer