Table 3-8
Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.

-Refer to Table 3-8. We could use the information in the table to draw a production possibilities frontier for England and a second production possibilities frontier for Spain. If we were to do this, measuring cheese along the horizontal axis, then
A)the slope of England's production possibilities frontier would be -0.67 and the slope of Spain's production possibilities frontier would be -0.5.
B)the slope of England's production possibilities frontier would be -1.5 and the slope of Spain's production possibilities frontier would be -2.
C)the slope of England's production possibilities frontier would be -.75 and the slope of Spain's production possibilities frontier would be -1.
D)the slope of England's production possibilities frontier would be -2 and the slope of Spain's production possibilities frontier would be -.5.

Question

Table 3-8
Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.
​ 
-Refer to Table 3-8. We could use the information in the table to draw a production possibilities frontier for England and a second production possibilities frontier for Spain. If we were to do this, measuring cheese along the horizontal axis, then
A)the slope of England's production possibilities frontier would be -0.67 and the slope of Spain's production possibilities frontier would be -0.5. 
B)the slope of England's production possibilities frontier would be -1.5 and the slope of Spain's production possibilities frontier would be -2. 
C)the slope of England's production possibilities frontier would be -.75 and the slope of Spain's production possibilities frontier would be -1. 
D)the slope of England's production possibilities frontier would be -2 and the slope of Spain's production possibilities frontier would be -.5.

Quizplus · Accepted Answer

The Answer of Table 3-8
Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.
​ 
-Refer to Table 3-8. We could use the information in the table to draw a production possibilities frontier for England and a second production possibilities frontier for Spain. If we were to do this, measuring cheese along the horizontal axis, then
A)the slope of England's production possibilities frontier would be -0.67 and the slope of Spain's production possibilities frontier would be -0.5. 
B)the slope of England's production possibilities frontier would be -1.5 and the slope of Spain's production possibilities frontier would be -2. 
C)the slope of England's production possibilities frontier would be -.75 and the slope of Spain's production possibilities frontier would be -1. 
D)the slope of England's production possibilities frontier would be -2 and the slope of Spain's production possibilities frontier would be -.5.

Table 3-8 Assume That England and Spain Can Switch Between Producing Cheese