Question 2 (1 polnt) The four people listed below are the only workers In an economy that works 10 hours per day and only produces two products. Use the table below and the questlons below to construct a PPF that displays the maximum efficlent production. Basketballs Per Hour Apple Ples Per Hour LeBron Anthony Rajon 3 Alex If the x-axis Is ples, and the y-axis is basketballs, then what is the Intercept of the PPF curve on the apple ples axis? O a (16, 0) O b (120, 0) (0, 120) (0, 12) 144 m 4239

Principles of Microeconomics
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ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains From Trade
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Question 2 (1 polnt)
The four people listed below are the only workers In an economy that works 10 hours per day and only produces two products.
Use the table below and the questlons below to construct a PPF that displays the maximum efficlent production.
Basketballs Per Hour Apple Ples Per Hour
LeBron
Anthony
Rajon
3
Alex
If the x-axis Is ples, and the y-axis is basketballs, then what is the Intercept of the PPF curve on the apple ples axis?
O a
(16, 0)
O b
(120, 0)
(0, 120)
(0, 12)
144 m
4239
Transcribed Image Text:Question 2 (1 polnt) The four people listed below are the only workers In an economy that works 10 hours per day and only produces two products. Use the table below and the questlons below to construct a PPF that displays the maximum efficlent production. Basketballs Per Hour Apple Ples Per Hour LeBron Anthony Rajon 3 Alex If the x-axis Is ples, and the y-axis is basketballs, then what is the Intercept of the PPF curve on the apple ples axis? O a (16, 0) O b (120, 0) (0, 120) (0, 12) 144 m 4239
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