Table 2-2
Production choices for Nadia's Neckware

Refer to Table 2-2. Assume Nadia's Neckware only produces ascots and bowties. A combination of 24 ascots and 12 bowties would appear
◦ along Nadia's production possibilities frontier.
◦ inside Nadia's production possibilities frontier.
◦ outside Nadia's production possibilities frontier.
◦ at the horizontal intercept of Nadia's production possibilities frontier.