Refer to Table 2-2. Assume Nadia's Neckware only produces ascots ...

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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.

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Answer to Question 1

C

Answer to Question 2

B

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