Suppose it takes 4 hours of labor time to hang sheetrock in a room and 2 hours t
ID: 1216685 • Letter: S
Question
Suppose it takes 4 hours of labor time to hang sheetrock in a room and 2 hours to tape and plaster a wall. If one person spent an entire 8 hour day hanging sheetrock, (a) In how many rooms could sheetrock be hung? (b) Illustrate with a production-possibilities curve. Plot only the 2 endpoints. (c) If another worker with a skill set identical to the first became available for an 8 hour workday, illustrate the resulting change in production possibilities. Instructions: Plot only the 2 endpoints. Also could you explain how to get the points for the possibilities production curve?Explanation / Answer
Ans:
(a) If it takes 4 hours to hang sheetrock in a room and a laborer spends a whole 8
hour workday doing this, 2 rooms can be finished inside this time.
(b) One laborer can utilize the majority of his or her 8 hour day and hang either 2 rooms of sheetrock or 4 dividers of tape and mortar. Consequently, the two endpoints are 0 dividers – 2 rooms (0, 2) and 4 dividers – 0 rooms (4, 0).
(c) With two laborers every putting in a 8 hour workday, the generation conceivable outcomes bend would move to one side and truth be told twofold. Presently, for this situation, the two endpoints are 0 dividers – 4 rooms (0, 4) and 8 dividers – 0 rooms (8, 0).