Tom's lawn service specializes in mowing lawns and trimming bushes. Tom has 4 hours to devote to lawn services. In 1 hour, he can mow 2 lawns or trim 5bushes.
Tom's PPF is a ___________-
Tom's PPF intersects the graph's axis for mowing lawns at _____ and intersects the graph's axis for trimming bushes at ________. (Enter your responses as whole numbers.)
Tom's opportunity cost of mowing lawns in terms of trimming bushes is ______ trimmed bushes per mowed lawn. (Enter your response rounded to two decimal places.)
this is all i was given to do the homeowork
Tom's PPF is a straight line. PPF is a straight line because the opportunity cost is constant.
If Tom can mow 2 lawns in hour, then in 4 hours he can mow ( 2 x 4 hours)= 8 lawns, if he only mows lawns.
If Tom can trim 5 bushes in one hour, then in 4 hours he can mow ( 5 x 4 hours)= 20 bushes, if he only trims bushes.
Tom's PPF intersects the graph's axis for mowing lawns at 8 and intersects the graph's axis for trimming bushes at 20.
Tom's opportunity cost of mowing lawns in terms of trimming bushes is ______ trimmed bushes per mowed lawn.
In one hour, Tom can either mow 2 lawns or 5 bushes, so the opportunity cost of mowing one lawn is 5/2=2.5 bushes.For every lawn mowed, he has to give up 2.5 bushes.
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