Figure 3-5
These graphs illustrate the production possibilities available for dancing shoes to Fred and Ginger with 40 hours of labour.
-Refer to Figure 3-5. If Fred and Ginger devote half of their time (20 hours) to the production of each good, what would the total production be?
A) 7 ballet slippers and 8 tap shoes
B) 8 ballet slippers and 8 tap shoes
C) 9 ballet slippers and 6 tap shoes
D) 10 ballet slippers and 8 tap shoes
Correct Answer:
Verified
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These graphs illustrate the production possibilities
These graphs illustrate the production possibilities
These graphs illustrate the production possibilities