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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
how do you add two production possibility curves together for two different regions?
Â
Information is as follows:
Region A:
X = L^(0.5)
Y = L^(0.5)
Â
Region B:
X = 0.5 x L^(0.5)
Y = 0.5 x L^(0.5)
Â
Possibility curves:
Region A:
X^2 + Y^2 = 100
Â
Region B:
X^2 + Y^2 = 25
Â
there for two different regions, so X = Xa in region A, X = Xb in region B, etc.
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