Figure 3-6
These figures illustrate the production possibilities available to Barney and Betty with eight hours of labour in their bakery.
-Refer to Figure 3-6. If Barney and Betty both specialize in the good in which they have a comparative advantage, what would the total production be?
A) 7 loaves of bread and 15 pies
B) 20 loaves of bread and 14 pies
C) 27 loaves of bread and 29 pies
D) 34 loaves of bread and 22 pies

Question

Figure 3-6
These figures illustrate the production possibilities available to Barney and Betty with eight hours of labour in their bakery. 
-Refer to Figure 3-6. If Barney and Betty both specialize in the good in which they have a comparative advantage, what would the total production be?
A) 7 loaves of bread and 15 pies 
B) 20 loaves of bread and 14 pies 
C) 27 loaves of bread and 29 pies 
D) 34 loaves of bread and 22 pies

Quizplus · Accepted Answer

The Answer of Figure 3-6
These figures illustrate the production possibilities available to Barney and Betty with eight hours of labour in their bakery. 
-Refer to Figure 3-6. If Barney and Betty both specialize in the good in which they have a comparative advantage, what would the total production be?
A) 7 loaves of bread and 15 pies 
B) 20 loaves of bread and 14 pies 
C) 27 loaves of bread and 29 pies 
D) 34 loaves of bread and 22 pies

Figure 3-6 These Figures Illustrate the Production Possibilities Available to Barney and Barney