Think about your own life. Maybe you are willing to spend 50 or 60 hours a week between school and work. Maybe you take
Posted: Sun Jul 03, 2022 1:02 pm
Think about your own life. Maybe you are willing to spend 50 or60 hours a week between school and work. Maybe you take care ofyoung children and have a lot of home life responsibilities and youonly spend 20 hours between school and work. Draw your ownpersonal Production Possibilities Frontier (PPF) for timespent doing school and work. Remember to plot out multiple possiblecombinations and then draw a line to connect them. Explain whereyou operate on your PPF and why. What are some of the opportunitycosts you have to weigh to determine where you will operate alongyour personal PPF curve?