. If Portugal has a total of 90 man-hours of resources available for production, while England has only 30, what are the resource costs of wine and cloth ?     a) wine costs 2 man-hours/bottle and cloth costs 6 man-hours/yard in Portugal.     b) wine costs 1 man-hour/bottle and cloth costs 1 man-hour/yard in Portugal.     c) cloth costs 2 man-hours/yard and wine costs 1 man-hours/bottle in Portugal.     d) wine costs 1/2 yards/bottle and cloth costs 2 bottles/yard in Portugal.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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09. If Portugal has a total of 90 man-hours of resources available for production, while England has only 30, what are the resource costs of wine and cloth ?

   

a) wine costs 2 man-hours/bottle and cloth costs 6 man-hours/yard in Portugal.

   

b) wine costs 1 man-hour/bottle and cloth costs 1 man-hour/yard in Portugal.

   

c) cloth costs 2 man-hours/yard and wine costs 1 man-hours/bottle in Portugal.

   

d) wine costs 1/2 yards/bottle and cloth costs 2 bottles/yard in Portugal.

Portugal
England
90
90
80
80
70
70
60
60
50
50
PPF
40
40
PPF
30
30
20
20
10
10 +
10
20
30
40
50 60
10
20
30
40
50
60
cloth
cloth
wine
wine
Transcribed Image Text:Portugal England 90 90 80 80 70 70 60 60 50 50 PPF 40 40 PPF 30 30 20 20 10 10 + 10 20 30 40 50 60 10 20 30 40 50 60 cloth cloth wine wine
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England has 30 man-hours and Portugal has 90 man-hours. 

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