Figure 3-2

-Refer to Figure 3-2.Suppose Jerry's production possibilities frontier is based on 4 hours of work.Jerry requires
A)1/4 hour to produce 1 pound of ice cream and 3/8 hour to produce 1 pound of cones.
B)1/2 hour to produce 1 pound of ice cream and 3/4 hour to produce 1 pound of cones.
C)1 hour to produce 1 pound of ice cream and 2/3 hour to produce 1 pound of cones.
D)1 hour to produce 1 pound of ice cream and 3/2 hours to produce 1 pound of cones.

Question

Figure 3-2
 
-Refer to Figure 3-2.Suppose Jerry's production possibilities frontier is based on 4 hours of work.Jerry requires
A)1/4 hour to produce 1 pound of ice cream and 3/8 hour to produce 1 pound of cones. 
B)1/2 hour to produce 1 pound of ice cream and 3/4 hour to produce 1 pound of cones. 
C)1 hour to produce 1 pound of ice cream and 2/3 hour to produce 1 pound of cones. 
D)1 hour to produce 1 pound of ice cream and 3/2 hours to produce 1 pound of cones.

Quizplus · Accepted Answer

The Answer of Figure 3-2
 
-Refer to Figure 3-2.Suppose Jerry's production possibilities frontier is based on 4 hours of work.Jerry requires
A)1/4 hour to produce 1 pound of ice cream and 3/8 hour to produce 1 pound of cones. 
B)1/2 hour to produce 1 pound of ice cream and 3/4 hour to produce 1 pound of cones. 
C)1 hour to produce 1 pound of ice cream and 2/3 hour to produce 1 pound of cones. 
D)1 hour to produce 1 pound of ice cream and 3/2 hours to produce 1 pound of cones.

Figure 3-2 -Refer to Figure 3-2.Suppose Jerry's Production Possibilities Frontier Is Based