Table 3-8
Assume that Huang and Min can switch between producing parasols and producing porcelain plates at a constant rate.

-Refer to Table 3-8.Which of the following points would be on Min's production possibilities frontier,based on a 36-hour production period?
A) (3 parasols, 8 plates)
B) (8 parasols, 5 plates)
C) (11 parasols, 4 plates)
D) More than one of the above would be on Min's production possibilities frontier.

Question

Table 3-8
Assume that Huang and Min can switch between producing parasols and producing porcelain plates at a constant rate.
 
-Refer to Table 3-8.Which of the following points would be on Min's production possibilities frontier,based on a 36-hour production period?
A) (3 parasols, 8 plates) 
B) (8 parasols, 5 plates) 
C) (11 parasols, 4 plates) 
D) More than one of the above would be on Min's production possibilities frontier.

Quizplus · Accepted Answer

The Answer of Table 3-8
Assume that Huang and Min can switch between producing parasols and producing porcelain plates at a constant rate.
 
-Refer to Table 3-8.Which of the following points would be on Min's production possibilities frontier,based on a 36-hour production period?
A) (3 parasols, 8 plates) 
B) (8 parasols, 5 plates) 
C) (11 parasols, 4 plates) 
D) More than one of the above would be on Min's production possibilities frontier.

Table 3-8 Assume That Huang and Min Can Switch Between Producing Parasols