Assume the MPLc = 2 cars and the MPLb = 5 boats.There are 150
Workers in this hypothetical economy.What is the maximum number of
Boats that can be produced?
A)30
B)300
C)750
D)150

Question

Quizplus · Accepted Answer

The maximum number of boats that can be produced is calculated by using all 150 workers to produce boats. Since MPLb = 5 boats per worker, the maximum number of boats is 150 workers * 5 boats/worker = 750 boats.

Assume the MPLc = 2 Cars and the MPLb =