WALK EM DOWN WALK EM DOWN WALK EM DOWN

1. an economy consists of three workers: larry, moe, and curly. each works 10 hours a day and can produce two services: mowing lawns and washing cars. in an hour, larry can either mow one lawn or wash one car; moe can either mow one lawn or wash two cars; and curly can either mow two lawns or wash one car. a. calculate how much of each service is produced under the following circumstances: a. all three spend all their time mowing lawns. b. all three spend all their time washing cars. c. all three spend half their time on each activity d. larry spends half of his time on each activity, while moe only washes cars and curly only mows lawns b. using your answers to part a, draw a production possibilities frontier and label points a, b, c, and d on your graph. explain why the production possibilities frontier has the shape it does. c. are any of the allocations calculated in part a inefficient? explain.

Line u passes through points (-52, -18) and (-29, 53). line v passes through points (90, 33) and (19, 56). are line u and line v parallel or perpendicular?

Atravel agent is booking a trip to england, scotland, ireland, and france for a group of senior citizens. the agent sent surveys to the group, asking which countries they would like to visit, in order, and created the shown preference schedule (e = england, i = ireland, s = scotland, f = france). which country is the condorcet winner? number of votes 15 12 16 19 1st f e e i 2nd e s i s 3rd s i s e 4th i f f f 1. scotland 2. england 3. france 4.ireland