Use the following to answer questions:
-(Scenario: Linear Production Possibility Frontier)Use Scenario: Linear Production Possibility Frontier.If Largetown decides to devote half of its labour time to the production of socks and half of the time to the production of shirts,it can produce _____ shirts and _____ pairs of socks.
A) 10;20
B) 20;10
C) 30;30
D) 0;30

Question

Use the following to answer questions: 
-(Scenario: Linear Production Possibility Frontier)Use Scenario: Linear Production Possibility Frontier.If Largetown decides to devote half of its labour time to the production of socks and half of the time to the production of shirts,it can produce _____ shirts and _____ pairs of socks.
A) 10;20 
B) 20;10 
C) 30;30 
D) 0;30

Quizplus · Accepted Answer

Largetown can produce 20 shirts and 10 pairs of socks if it devotes half of its labour time to the production of each good.

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