Solved

Scenario: Yasmin and Zeek Are Lawyers Working at V, W

Question 195

Multiple Choice

Scenario: Yasmin and Zeek are lawyers working at V, W, and X LLP. Yasmin works 48 hours a week, and Zeek also works 48 hours a week. They handle two types of cases, intellectual property (IP) cases and corporate fraud (CF) cases. It takes Yasmin 6 hours to handle each IP case and 4 hours to handle each CF case. Zeek can finish an IP case in 3 hours and a CF case in 6 hours.
-Refer to the scenario above.If you draw the production possibilities curves (PPCs) of the two lawyers where the number of IP cases handled is measured on the x-axis,then ________.


A) Zeek's PPC lies above Yasmin's
B) Zeek's PPC has the same slope as Yasmin's
C) Zeek's PPC is flatter than Yasmin's
D) Zeek's PPC is steeper than Yasmin's

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions