Assignment task: Barney retires and is replaced by Bamm-Bamm
- Bamm-Bamm takes ½ hour to make a BB, ? hour to make a DD and has 8 hours of labor a day.
1. Draw Fred & Bamm-Bamm's PPFS.
2. Identify who, if anyone, has an absolute advantage in BB & DD.
3. Identify who, if anyone, has a comparative advantage in BB & DD.
4. Identify who should specialize in BB and whom in DD.