Two Factor Linear Opportunity Set

two factors of production LABOR and CAPITAL
two products BREAD and CLOTH
two technologies BAKING and WEAVING
Note that there is only one technology for each product,  and it requires the input of the same two factors of production in both cases. The technologies are assumed to be 'fixed coefficients',  i.e. requiring a constant quantity of input per each unit of output.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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