Table 3-2 Hours Needed to Make 1 Unit of Number of Units Produced in 20 Hours Pastrami Milk Pastrami Milk England 1 4 20 5 France 5 2 4 10 Refer to Table 3-2. Assume that England and France each has 20 labor hours available. If each country divides its time equally between the production of cheese and wine, then total production is a. 12 units of pastrami and 7.5 units of milk. b. 20 units of pastrami and 12 units of milk. c. 12 units of pastrami and 20 units of milk. d. 20 units of pastrami and 7.5 units of milk.

Table 3-2 Hours Needed to Make 1 Unit of Number of Units Produced in 20 Hours Pastrami Milk Pastrami Milk England 1 4 20 5 France 5 2 4 10 Refer to Table 3-2. Assume that England and France each has 20 labor hours available. If each country divides its time equally between the production of cheese and wine, then total production is a. 12 units of pastrami and 7.5 units of milk. b. 20 units of pastrami and 12 units of milk. c. 12 units of pastrami and 20 units of milk. d. 20 units of pastrami and 7.5 units of milk.

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth

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Problem 9SQP

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	Hours Needed to Make 1 Unit of	Number of Units Produced in 20 Hours
Pastrami	Milk	Pastrami	Milk
England	1	4	20	5
France	5	2	4	10

	a.	12 units of pastrami and 7.5 units of milk.
	b.	20 units of pastrami and 12 units of milk.
	c.	12 units of pastrami and 20 units of milk.
	d.	20 units of pastrami and 7.5 units of milk.