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Is the ppf straight or curved

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Reference no: EM131185938

Brian is a 10 year old boy. His mom lets him have 2 hours of freetime each afternoon after school. His favorite activities are watchingTV and playing on his DS.

Draw PPF and answer the question.

1. Is the PPF straight or curved? Why? (Use economic terms)

2. What is the opportunity cost of playing one more minute on the DS?

3. What does it cost Frankie to play one more minute on the DS?

4. Can Brian watch 90 mins of TV and play 45 mins of DS? Plot thispoint on your graph and comment on this combination.

5. Can Brian watch 45 mins of TV and play 45mins of DS? Plot thispoint on your graph and comment on this combination.

6. Plot and label three (3) efficient points on graph. Which one is "best?"Explain your answer.

7. How would Frankie's PPF change if his Mom gives him another ½hour of free time? Show the change on your graph.

Reference no: EM131185938

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