Pages • 3
Macro Eco Essay Preview: Macro Eco 1 rating(s) Report this essay Question 1: Assume that Econoland produces haircuts and shirts with inputs of labor. Econoland has 1000 hours of labor available. A haircut requires Ð hour of labor, while a shirt requires 5 hours of labor. Construct Econolands PPF. Answer 1: To construct Econolands Production.