Refer to Table 3-2. Which of the following represents Iceland's production possibilities frontier when 100 labor hours are available?
Refer to Table 3-2. Assume that Aruba and Iceland each has 80 labor hours available. If each country divides its time equally between the production of coolers and radios, then total production is
A)28 coolers and 50 radios.
B)30 coolers and 9 radios.
C)60 coolers and 18 radios.
D)120 coolers and 36 radios.
Refer to Table 3-2. Which of the following combinations of coolers and radios could Aruba produce in one 40-hour week?
A)3 coolers and 7 radios
B)5 coolers and 6 radios
C)11 coolers and 4 radios
D)13 coolers and 3 radios
Refer to Table 3-3. Which of the following represents Zimbabwe's and Portugal's production possibilities frontiers when each country has 60 minutes of machine time available?