Question

ges of economics per hour. She can also read 50 pages of sociology in an hour. She spends 5 hours per day studying.
a.) Draw maria's production possibilities frontier for reading economics and sociology. Maria can read 20 pages of economics in an hour. She can also read 50 pages of sociology in a hour. She...? Maria can read 20 pages of economics per hour. She can also read 50 pages of sociology in an hour. She spends 5 hours per day studying.
a.) Draw maria's production possibilities frontier for reading economics and sociology.
b.) What is maria's opportunity cost of reading 100 pages of sociology? Follow 1 answer 1 Report Abuse Are you sure you want to delete this answer? Yes No;
b.) What is maria's opportunity cost of reading 100 pages of sociology?

Answer 1

B.) Marua will spend 2 hours to read 100 pages of sociology which means she can only read 60 pages of economics.
Therefore, the opportunity cost of reading 100 pages of sociology is forfeiting 40 pages (2 hours) of economics.