Mathematics, 08.01.2021 04:10 jmdlightsout12345

. John and Paul are stranded on a deserted island where they survive by catching fish and picking coconuts. In one day John can catch 8 fish OR pick 12 coconuts or he can divide his time between the two in any way with no loss of efficiency. So for instance, if he spends half of the day catching fish and half picking coconuts, he can catch 4 fish AND 6 coconuts. Similarly, Paul can catch 6 fish or pick 3 coconuts in a day (and also divide time in any way between the two). Draw a PPF for John and Paul. Label the slopes and intercepts. If they want to produce 4 fish between the two of them, how may coconuts can they produce

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. John and Paul are stranded on a deserted island where they survive by catching fish and picking co...