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Author Question: Refer to Table 2-2. Assume Nadia's Neckware only produces ascots and bowties. A combination of 24 ... (Read 70 times)

sc00by25

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on: Jun 29, 2018
Refer to Table 2-2. Assume Nadia's Neckware only produces ascots and bowties. A combination of 24 ascots and 12 bowties would appear
 
  A) along Nadia's production possibilities frontier.
  B) inside Nadia's production possibilities frontier.
  C) outside Nadia's production possibilities frontier.
  D) at the horizontal intercept of Nadia's production possibilities frontier.

Question 2

Refer to Table 2-2. Assume Nadia's Neckware only produces ascots and bowties. A combination of 16 ascots and 6 bowties would appear
 
  A) along Nadia's production possibilities frontier.
  B) inside Nadia's production possibilities frontier.
  C) outside Nadia's production possibilities frontier.
  D) at the horizontal intercept of Nadia's production possibilities frontier.


jessicaduplan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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sc00by25

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Reply #2 on: Jun 29, 2018
Thank you :)


jessicaduplan

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Reply #3 on: Jun 29, 2018
Happy to help you


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