Daisy has the following Production Possibilities Frontier per week. Her resource is 5 Ibs of flour. Note: You will use this PPF to answer the next several questions.

ECON MICRO
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ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter2: Economic Tools And Economic Systems
Section: Chapter Questions
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Question 16
Daisy has the following Production Possibilities Frontier per week. Her resource is 5 Ibs of flour.
Note: You will use this PPF to answer the next several questions.
tarts
20
14
3. 3 1 3 2 ar » pies
Given Daisy's PPF. the following production combo, 9 pies and 8 tarts is
O an eficient use of resources.
O an inefficient use of resources.
O not possible with the given resources.
Transcribed Image Text:Question 16 Daisy has the following Production Possibilities Frontier per week. Her resource is 5 Ibs of flour. Note: You will use this PPF to answer the next several questions. tarts 20 14 3. 3 1 3 2 ar » pies Given Daisy's PPF. the following production combo, 9 pies and 8 tarts is O an eficient use of resources. O an inefficient use of resources. O not possible with the given resources.
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