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    Modern Principles of Economics
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    Exam 2: The Power of Trade and Comparative Advantage
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    Refer to the Figure
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Refer to the Figure

Question 185

Question 185

Multiple Choice

  Refer to the figure. A country needs 4 units of labor to produce one car and 3 units of labor to produce one boat, and the country has 120 units of labor. Which of the figures represents this country's PPF? A)  Figure A B)  Figure B C)  Figure C D)  Figure D Refer to the figure. A country needs 4 units of labor to produce one car and 3 units of labor to produce one boat, and the country has 120 units of labor. Which of the figures represents this country's PPF?


A) Figure A
B) Figure B
C) Figure C
D) Figure D

Correct Answer:

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