'Y10 y1' diaporamas de présentation

Pure Public Goods

Pure Public Goods. GE with Production Example. A and B each supply 10 hours of labor a day. With one hour of labor A can catch 3 fish or gather 1 coconut, B can catch 1 fish or 2 coconuts per hour. A and B form a company and agree to share the profits equally. What is the PPF and the MRT?

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