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Business, 25.01.2021 20:40 hlhunter11p8f0o0

Suppose the country of Starland can produce one pair of shoes using 5 machine hours and 1 labor hour, and it can produce one computer using 3 machine hours and 2 labor hours. Home has a total of 4000 machine hours and 2000 labor hours available for production. a. Given this information, write down the resources constraints for Starland. b. Draw the production possibilities frontier for Starland, with computers on the y-axis and shoes on the x-axis. c. What is the opportunity cost of shoes when Starland is producing mostly computers

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Suppose the country of Starland can produce one pair of shoes using 5 machine hours and 1 labor hour...
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