Multiple Choice
Table 3-9
Assume that Maya and Miguel can switch between producing mixers and producing toasters at a constant rate.
-Refer to Table 3-9. We could use the information in the table to draw a production possibilities frontier for Maya and a second production possibilities frontier for Miguel. If we were to do this, measuring toasters along the horizontal axis, then
A) the slope of Maya's production possibilities frontier would be -2 and the slope of Miguel's production possibilities frontier would be -2.
B) the slope of Maya's production possibilities frontier would be -0.5 and the slope of Miguel's production possibilities frontier would be -0.5.
C) the slope of Maya's production possibilities frontier would be -1.67 and the slope of Miguel's production possibilities frontier would be -1.67.
D) the slope of Maya's production possibilities frontier would be -0.6 and the slope of Miguel's production possibilities frontier would be -0.6.
Correct Answer:

Verified
Correct Answer:
Verified
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