Multiple Choice
Assume for the United States that the opportunity cost of each airplane is 100 cars.Then which of these pairs of points could be on the United States' production possibilities frontier?
A) (200 airplanes,5,000 cars) and (150 airplanes,4,000 cars)
B) (200 airplanes,10,000 cars) and (150 airplanes,20,000 cars)
C) (300 airplanes,15,000 cars) and (200 airplanes,25,000 cars)
D) (300 airplanes,25,000 cars) and (200 airplanes,40,000 cars)
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Trade allows all countries to achieve greater
Q13: A country that currently does not trade
Q37: Trade can make everybody better off because
Q38: Figure 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2185/.jpg" alt="Figure 3-4
Q145: Figure 3-8<br>Belgium's Production Possibilities Frontier Latvia's Production
Q146: Table 3-6<br>Assume that Hilda and Carlos can
Q148: Figure 3-8<br>Belgium's Production Possibilities Frontier Latvia's Production
Q175: Figure 3-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2185/.jpg" alt="Figure 3-6
Q219: Table 3-2<br>Assume that Aruba and Iceland can
Q315: Table 3-2<br>Assume that Aruba and Iceland can