Homework1

Homework1 - Homework#1 Due Date Friday February 11th Note...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Homework #1 Due Date: Friday, February 11th Note: Only one randomly selected question will be graded. Question 1 See the table 1 in the next page. (a) Take a point per game as the horizontal line, and take a rebound per game as the vertical line. Plot all players’ stats. (b) Find a point representing Bryant and denote B. And find a point representing Howard and denote H. (c) Calculate a slope between B and H. (d) Find a point representing Camby and denote C. Calculate an area for a triangle CBH. Question 2 Robinson can fish 5 tunas or pick 10 coconuts in one hour, while Friday can fish 15 tunas and pick 60 coconuts in one hour. (a) Fill the table 2. (b) Both Robinson and Friday work only 8 hours a day. Draw the 1 day’s production possibility frontier for Robinson and Friday. (c) What is Robinson’s opportunity cost for fishing 1 tuna? What is Robinson’s op- portunity cost for picking 1 coconut? What is Friday’s opportunity cost for fishing 1 tuna? What is Friday’s opportunity cost for picking 1 coconut?1 tuna?...
View Full Document

{[ snackBarMessage ]}

Page1 / 3

Homework1 - Homework#1 Due Date Friday February 11th Note...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online