Figure 3-22
Alice and Betty's Production Possibilities in one 8-hour day.
Alice's Production Possibilities Frontier
Betty's Production Possibilities Frontier
-Refer to Figure 3-22.Which of the following prices would result in an mutually advantageous trade for Alice and Betty?
A)100 pizzas for 100 pitchers of lemonade
B)100 pizzas for 125 pitchers of lemonade
C)100 pizzas for 180 pitchers of lemonade
D)100 pizzas for 220 pitchers of lemonade

Question

Figure 3-22
Alice and Betty's Production Possibilities in one 8-hour day.
Alice's Production Possibilities Frontier
Betty's Production Possibilities Frontier  
-Refer to Figure 3-22.Which of the following prices would result in an mutually advantageous trade for Alice and Betty?
A)100 pizzas for 100 pitchers of lemonade 
B)100 pizzas for 125 pitchers of lemonade 
C)100 pizzas for 180 pitchers of lemonade 
D)100 pizzas for 220 pitchers of lemonade

Quizplus · Accepted Answer

The Answer of Figure 3-22
Alice and Betty's Production Possibilities in one 8-hour day.
Alice's Production Possibilities Frontier
Betty's Production Possibilities Frontier  
-Refer to Figure 3-22.Which of the following prices would result in an mutually advantageous trade for Alice and Betty?
A)100 pizzas for 100 pitchers of lemonade 
B)100 pizzas for 125 pitchers of lemonade 
C)100 pizzas for 180 pitchers of lemonade 
D)100 pizzas for 220 pitchers of lemonade

Figure 3-22 Alice and Betty's Production Possibilities in One 8-Hour Day