Table 3-6
Assume that Max and Min can switch between producing mittens and producing hats at a constant rate.

-Refer to Table 3-6. Which of the following points is on Max's production possibilities frontier, based on a 36-hour production period?
A)(18 mittens, 0 hats)
B)(15 mittens, 8 hats)
C)(16 mittens, 10 hats)
D)(0 mittens, 12 hats)

Question

Table 3-6
Assume that Max and Min can switch between producing mittens and producing hats at a constant rate.
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-Refer to Table 3-6. Which of the following points is on Max's production possibilities frontier, based on a 36-hour production period?
A)(18 mittens, 0 hats) 
B)(15 mittens, 8 hats) 
C)(16 mittens, 10 hats) 
D)(0 mittens, 12 hats)

Quizplus · Accepted Answer

Max's production possibilities frontier represents the maximum combinations of mittens and hats he can produce in a given time. If 18 mittens is the maximum he can produce in 36 hours, then (18 mittens, 0 hats) is on the frontier.

Table 3-6 Assume That Max and Min Can Switch Between Producing Mittens