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.

Question

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.

Quizplus · Accepted Answer

The slope of a production possibilities frontier (PPF) is determined by the opportunity cost of producing one good over another. If the opportunity cost of producing toasters is 0.5 of another good for both Maya and Miguel, then the slope of their PPFs would be -0.5.

Table 3-9 Assume That Maya and Miguel Can Switch Between Producing Mixers