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Suppose you have to practice question answers for two subjects mathematics and social science you have 8 hours to study.you are very good at answering 20 m.c.q in mathematics per hour while you are not good in answering such type of question in social science which is 12 m.c.q per hour derive your production possibility schedule.?
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Suppose you have to practice question answers for two subjects mathema...
Production Possibility Schedule


Introduction

Production possibility schedule is a table that shows the different combinations of two goods that can be produced with a limited amount of resources. In this scenario, we have to practice question answers for two subjects, mathematics and social science, and we have 8 hours to study. We are good at answering 20 MCQs in mathematics per hour, while we are not good in answering such type of question in social science, which is 12 MCQs per hour.


Calculating Production Possibility Schedule

To calculate the production possibility schedule, we need to use the following formula:

PPS = (Total available hours / Hours taken to produce a unit of good A) x (Total available hours / Hours taken to produce a unit of good B)


Table















Subjects MCQs per hour
Mathematics 20
Social Science 12


Using the formula, we can calculate the production possibility schedule as follows:




























































Hours Spent on Mathematics Hours Spent on Social Science Total MCQs Attempted
0 8 96
0.5 7.5 105
1 7 120
1.5 6.5 130
2 6 136
2.5 5.5 137.5
3 5 140
3.5 4.5 141.75
4 4 144
4.5 3.5 143.5
5
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Suppose you have to practice question answers for two subjects mathematics and social science you have 8 hours to study.you are very good at answering 20 m.c.q in mathematics per hour while you are not good in answering such type of question in social science which is 12 m.c.q per hour derive your production possibility schedule.?
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Suppose you have to practice question answers for two subjects mathematics and social science you have 8 hours to study.you are very good at answering 20 m.c.q in mathematics per hour while you are not good in answering such type of question in social science which is 12 m.c.q per hour derive your production possibility schedule.? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Suppose you have to practice question answers for two subjects mathematics and social science you have 8 hours to study.you are very good at answering 20 m.c.q in mathematics per hour while you are not good in answering such type of question in social science which is 12 m.c.q per hour derive your production possibility schedule.? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Suppose you have to practice question answers for two subjects mathematics and social science you have 8 hours to study.you are very good at answering 20 m.c.q in mathematics per hour while you are not good in answering such type of question in social science which is 12 m.c.q per hour derive your production possibility schedule.?.
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