Scenario: Linear Production Possibility Frontier
Largetown has a linear production possibility frontier, and it produces socks and shirts with 80 hours of labor.The table shows the number of hours of labor necessary to produce one sock or one shirt. (Scenario: Linear Production Possibility Frontier) Look at the scenario Linear Production Possibility Frontier.What is the maximum number of socks Largetown can produce?
A.40 socks
B.20 socks
C.2 socks
D.4 socks
Correct Answer:
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