Multiple Choice
As a student,Anne spends 40 hours per week writing term papers and completing homework assignments.On one axis of her production possibilities frontier is measured the number of term papers written per week.On the other axis is measured the number of homework assignments completed per week.Anne's production possibilities frontier is a straight line if
A) she faces no trade-off between writing term papers and completing homework assignments.
B) she can switch between writing term papers and completing homework assignments at a constant rate.
C) the rate at which she can switch between homework assignments and term papers depends on the number of homework assignments she is completing and on the number of term papers she is writing.
D) she is required by her professors to spend half of her time on term papers and the other half of her time on homework assignments.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: An economy's production possibilities frontier is also
Q24: Figure 3-2<br>Brazil's Production Possibilities Frontier <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg"
Q25: Which of the following is not a
Q26: Figure 3-5<br>Hosne's Production Possibilities Frontier<br>Merve's Production Possibilities
Q29: Figure 3-3<br>Arturo's Production Possibilities Frontier<br>Dina's Production Possibilities
Q31: Consider two individuals - Marquis and Serena
Q32: Figure 3-3<br>Arturo's Production Possibilities Frontier<br>Dina's Production Possibilities
Q72: A production possibilities frontier is bowed outward
Q137: The most obvious benefit of specialization and
Q143: For a self-sufficient producer, the production possibilities