Table 3-3
Production Opportunities
-Refer to Table 3-3. We could use the information in the table to draw a production possibilities frontier for England and a second production possibilities frontier for France. If we were to do this, measuring wine along the horizontal axis, then
A) the slope of England's production possibilities frontier would be -4 and the slope of France's production possibilities frontier would be -0.4.
B) the slope of England's production possibilities frontier would be -0.25 and the slope of France's production possibilities frontier would be -2.5.
C) the slope of England's production possibilities frontier would be 0.25 and the slope of France's production possibilities frontier would be 2.5.
D) the slope of England's production possibilities frontier would be 4 and the slope of France's production possibilities frontier would be 0.4.
Correct Answer:
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