Table 3-11
Assume that Max and Min can switch between producing mittens and producing hats at a constant rate.

-Refer to Table 3-11. Which of the following points would be on Min's production possibilities frontier, based on a 36-hour production period?
A)(3 mittens, 8 hats)
B)(8 mittens, 5 hat)
C)(10 mittens, 4 hats)
D)More than one of the above would be on Min's production possibilities frontier.

Question

Table 3-11
Assume that Max and Min can switch between producing mittens and producing hats at a constant rate.
​ 
-Refer to Table 3-11. Which of the following points would be on Min's production possibilities frontier, based on a 36-hour production period?
A)(3 mittens, 8 hats) 
B)(8 mittens, 5 hat) 
C)(10 mittens, 4 hats) 
D)More than one of the above would be on Min's production possibilities frontier.

Quizplus · Accepted Answer

The Answer of Table 3-11
Assume that Max and Min can switch between producing mittens and producing hats at a constant rate.
​ 
-Refer to Table 3-11. Which of the following points would be on Min's production possibilities frontier, based on a 36-hour production period?
A)(3 mittens, 8 hats) 
B)(8 mittens, 5 hat) 
C)(10 mittens, 4 hats) 
D)More than one of the above would be on Min's production possibilities frontier.

Table 3-11 Assume That Max and Min Can Switch Between Producing Mittens