Multiple Choice
Table 3-6
Assume that Hilda and Carlos can switch between producing quilts and producing dresses at a constant rate.
-Refer to Table 3-6.We could use the information in the table to draw a production possibilities frontier for Hilda and a second production possibilities frontier for Carlos.If we were to do this,measuring dresses along the horizontal axis,then
A) the slope of Hilda's production possibilities frontier would be -3 and the slope of Carlos' production possibilities frontier would be -2.
B) the slope of Hilda's production possibilities frontier would be -0.33 and the slope of Carlos' production possibilities frontier would be -0.5.
C) the slope of Hilda's production possibilities frontier would be 0.33 and the slope of Carlos' production possibilities frontier would be 0.5.
D) the slope of Hilda's production possibilities frontier would be 3 and the slope of Carlos' production possibilities frontier would be 2.
Correct Answer:
Verified
Correct Answer:
Verified
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