Table 3-5
Assume that France and Portugal can switch between producing cheese and producing bread at a constant rate.

-Refer to Table 3-5. Which of the following combinations of cheese and bread could Portugal produce in 24 hours?
A)8 units of cheese and 4 units of bread
B)4 units of cheese and 8 units of bread
C)7 units of cheese and 8 units of bread
D)4 units of cheese and 3 units of bread

Question

Table 3-5
Assume that France and Portugal can switch between producing cheese and producing bread at a constant rate.
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-Refer to Table 3-5. Which of the following combinations of cheese and bread could Portugal produce in 24 hours?
A)8 units of cheese and 4 units of bread 
B)4 units of cheese and 8 units of bread 
C)7 units of cheese and 8 units of bread 
D)4 units of cheese and 3 units of bread

Quizplus · Accepted Answer

Given the information in Table 3-5 (which is not provided here), the correct answer can be deduced based on the principle of opportunity cost and production possibilities. If option A is correct, it implies that Portugal can produce 8 units of cheese and 4 units of bread in 24 hours, fitting within its production capabilities and opportunity costs as outlined in the hypothetical table.

Table 3-5 Assume That France and Portugal Can Switch Between Producing Cheese