A professor spends 8 hours per day giving lectures and writing papers. For the professor, a graph that shows his various possible mixes of output (lectures given per day and papers written per day) is called his
A)productivity line.
B)indifference curve.
C)production possibilities frontier.
D)consumption possibilities frontier.

Question

Quizplus · Accepted Answer

The correct answer is C) production possibilities frontier. This graph shows the various combinations of outputs that can be achieved given a fixed amount of resources. In this case, it illustrates the trade-offs between the number of lectures given and papers written by the professor in a day.

A Professor Spends 8 Hours Per Day Giving Lectures and Writing