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Figure 3-2 -Refer to Figure 3-2. If the Production Possibilities Frontier Shown

Question 53

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Figure 3-2
Figure 3-2    -Refer to Figure 3-2. If the production possibilities frontier shown is for two months of production, then which of the following combinations of peanuts and cashews could Venezuela produce in two months? A) 7 pounds of peanuts and 135 pounds of cashews B) 5 pounds of peanuts and 160 pounds of cashews C) 2 pounds of peanuts and 240 pounds of cashews D) 3 pounds of peanuts and 150 pounds of cashews
-Refer to Figure 3-2. If the production possibilities frontier shown is for two months of production, then which of the following combinations of peanuts and cashews could Venezuela produce in two months?


A) 7 pounds of peanuts and 135 pounds of cashews
B) 5 pounds of peanuts and 160 pounds of cashews
C) 2 pounds of peanuts and 240 pounds of cashews
D) 3 pounds of peanuts and 150 pounds of cashews

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