Figure 3-5
These graphs illustrate the production possibilities available for dancing shoes to Fred and Ginger with 40 hours of labour.
-Refer to Figure 3-5. If Fred and Ginger both specialize in the good in which they have a comparative advantage, what would the total production be?
A) 6 ballet slippers and 6 tap shoes
B) 8 ballet slippers and 6 tap shoes
C) 8 ballet slippers and 8 tap shoes
D) 8 ballet slippers and 10 tap shoes

Question

Figure 3-5
These graphs illustrate the production possibilities available for dancing shoes to Fred and Ginger with 40 hours of labour. 
-Refer to Figure 3-5. If Fred and Ginger both specialize in the good in which they have a comparative advantage, what would the total production be?
A) 6 ballet slippers and 6 tap shoes 
B) 8 ballet slippers and 6 tap shoes 
C) 8 ballet slippers and 8 tap shoes 
D) 8 ballet slippers and 10 tap shoes

Quizplus · Accepted Answer

When Fred and Ginger specialize in the goods for which they have a comparative advantage, they maximize total production. The total production would be 8 ballet slippers and 10 tap shoes.

Figure 3-5 These Graphs Illustrate the Production Possibilities Available for Dancing Shoes