Graph blossom daily production possibilities frontier

Reference no: EM132472984

Blossom can allocate her 8-hour day between sewing and cooking. Each hour devoted to sewing yields 2 dresses whereas each hour spent cooking produces 4 cups of soup.

a. Graph Blossom's daily production possibilities frontier.

b. Which of the following daily combinations of output is attainable? Which is efficient? (i) 14 dresses and 8 cups, (ii) 8 dresses and 16 cups, (iii) 9 dresses and 12 cups

c. Blossom's neighbor, Icy, who loves Blossom's soup and happens to be an expert at sewing, is willing to hand over 3 dresses for every 4 cups of soup that Blossom provides. Graph Blossom's consumption possibilities (i.e., budget constraint).

Reference no: EM132472984

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