This is an economics problem, but even if you know nothing about economics, you might be able to help...
I am given the slope of the PPF to be
[z(K^0.5)(N^-0.5)]/2, so I know the the negative (-) of the slope of the PPF is the marginal productivity of labour (MPn).
I also know that z = 1/2 and K = 4
What I think I need to do to determine the equation for the PPF is to take the antiderivative of the slope. So I subsituted in z and K to get:
but here comes the part where I forget my calculus skills. I got
(2^0.5)(N^0.5) as my final answer but I'm not sure this is right.
Is the antiderivative of -0.707(N^-0.5) just equal to (2^0.5)(N^0.5)?
Thanks for your help!
Sorry about the lack of Math brackets, I tried putting them in initially but it reallllly messed up my equations, so apparently i don't know how to use them!