Figure 3-12
Argentina's Production Possibilities Frontier
Peru's Production Possibilities Frontier
-Refer to Figure 3-12. If Argentina and Peru each divides its time equally between producing corn and fish, then total production is
A)13 tons of corn and 15 tons of fish.
B)13 tons of corn and 10 tons of fish.
C)12 tons of corn and 16 tons of fish.
D)12 tons of corn and 11 tons of fish

Question

Figure 3-12
Argentina's Production Possibilities Frontier
Peru's Production Possibilities Frontier  
-Refer to Figure 3-12. If Argentina and Peru each divides its time equally between producing corn and fish, then total production is
A)13 tons of corn and 15 tons of fish. 
B)13 tons of corn and 10 tons of fish. 
C)12 tons of corn and 16 tons of fish. 
D)12 tons of corn and 11 tons of fish

Quizplus · Accepted Answer

The total production is calculated by adding the production of each country when they divide their time equally. If Argentina and Peru each produce 6 tons of corn and 5.5 tons of fish, the total is 12 tons of corn and 11 tons of fish.

Figure 3-12 Argentina's Production Possibilities Frontier