Reference no: EM132503600

Students have labelled a particular tree on the Campus of Benedict College the "Dummy Tree" because students that are often seen under the tree are considered to be wasting their very valuable time. Therefore, this tree is attributed with contributing to the bad grades of these students that are constantly under the tree. Let's say that a student spends 4 hours a week under the tree and is supposed to spend 15 hours a week in class. Further suppose that this particular student makes some new friends throughout the semester that are bad influences. They are able to convince him to hang out longer under the tree. So now he is under the tree 7 hours a week. What happens to his class time? Show a production possibilities model that demonstrates this student's behavior. Do not forget to include opportunity costs in your analysis.