Question : 11) Suppose Puerto Rico and Hawaii currently have the same : 1226374
11) Suppose Puerto Rico and Hawaii currently have the same production possibilities so that the above figure is the PPF for hotels and consumption goods in the two areas. Hotels are a capital good that,once built, will help produce still more consumption goods. If Puerto Rico produces more hotels than Hawaii, A) Hawaii’s PPF will shift outward further than Puerto Rico’s PPF. […]