In: Economics
Table 3-2
|
|||||||||||||||||||
Refer to Table 3-2. Which of the following combinations of cheese and wine could France produce in 40 hours?
|
|||
|
|||
|
|||
|
Correct Answer:
B
Working note:
With this combination of output of wine and cheese,
Total hours needed = 6*5 + 5*2
Total hours needed = 40 hours and it is produced with the 40 hours available to France,
But other alternatives require more than 40 hours, so other alternatives cannot be produced by France.