Table 17-1.
Athens and Troy both produce only ribs and baked potatoes.

-Refer to Table 17-1.Which of the following is correct?
A) Both productivity and the standard of living are higher in Athens than Troy.
B) Productivity is higher in Athens while the standard of living is higher in Troy
C) Productivity is higher in Troy while the standard of living is higher in Athens.
D) Both productivity and the standard of living are higher in Troy than Athens.

Question

Table 17-1.
Athens and Troy both produce only ribs and baked potatoes.
 
-Refer to Table 17-1.Which of the following is correct?
A) Both productivity and the standard of living are higher in Athens than Troy. 
B) Productivity is higher in Athens while the standard of living is higher in Troy 
C) Productivity is higher in Troy while the standard of living is higher in Athens. 
D) Both productivity and the standard of living are higher in Troy than Athens.

Quizplus · Accepted Answer

From Table 17-1, we can see that Troy produces more output per unit of input for both ribs and baked potatoes. This means that Troy has a higher productivity level than Athens in this scenario. However, we cannot determine the standard of living based on this information alone. Therefore, we can only conclude that productivity is higher in Troy while the standard of living may or may not be higher in Athens.

Table 17-1. Athens and Troy Both Produce Only Ribs and Baked Potatoes