Table 3-8
Assume that Kito and Penda can switch between producing baskets and producing birdhouses at a constant rate.

-Refer to Table 3-8.Which of the following points would be on Penda's production possibilities frontier,based on a 24-hour production period?
A) (4 baskets,10 birdhouses)
B) (8 baskets,6 birdhouses)
C) (12 baskets,2 birdhouses)
D) More than one of the above would be on Penda's production possibilities frontier.

Question

Table 3-8
Assume that Kito and Penda can switch between producing baskets and producing birdhouses at a constant rate.
 
-Refer to Table 3-8.Which of the following points would be on Penda's production possibilities frontier,based on a 24-hour production period?
A) (4 baskets,10 birdhouses) 
B) (8 baskets,6 birdhouses) 
C) (12 baskets,2 birdhouses) 
D) More than one of the above would be on Penda's production possibilities frontier.

Quizplus · Accepted Answer

The Answer of Table 3-8
Assume that Kito and Penda can switch between producing baskets and producing birdhouses at a constant rate.
 
-Refer to Table 3-8.Which of the following points would be on Penda's production possibilities frontier,based on a 24-hour production period?
A) (4 baskets,10 birdhouses) 
B) (8 baskets,6 birdhouses) 
C) (12 baskets,2 birdhouses) 
D) More than one of the above would be on Penda's production possibilities frontier.

Table 3-8 Assume That Kito and Penda Can Switch Between Producing Baskets