News Flash: William fails his last economics midterm. He realizes that he has spent too much time on the debate team, and not enough time on his academics. Lets assume he was on point B on the PPF before he failed his midterm. Where should he be on the PPF after he decides to spend more time studying for his classes? What should he do to reach this new point on the PPF?
Answers
Answered by
0
Answer:
If William decided to devote more time to studying, he’d be moving from point B then shifting to point C. That’s because, at point C, more value is being given to study, and hence 9 study units are being produced. This will improve his study performance. And to reach point C, he should move downwards along the PPF.
Explanation:
hope it helps! had to search this up myself too for an assignment lol.
Similar questions