400 500 Wonderland produces and consumes two goods, pumpkins and sweet potatoes, by using two inputs, labor and capital. The production possibilities frontier of Wonderland is shown above. Which of the following combinations of pumpkins and sweet potatoes is NOT a combination which is "definitely better than the autarky consumption combination (A)"? 300 units of pumpkins and 200 units of sweet potatoes O100 units of pumpkins and 500 units of sweet potatoes O 300 units of pumpkins and 300 units of sweet potatoes 200 units of pumpkins and 300 units of sweet potatoes

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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500
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100
Pumpkin
100
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500
Wonderland produces and consumes two goods, pumpkins and sweet potatoes, by using two inputs, labor and capital. The production
possibilities frontier of Wonderland is shown above.
Which of the following combinations of pumpkins and sweet potatoes is NOT a combination which is "definitely better than the autarky
consumption combination (A)"?
O 300 units of pumpkins and 200 units of sweet potatoes
100 units of pumpkins and 500 units of sweet potatoes
O 300 units of pumpkins and 300 units of sweet potatoes
O200 units of pumpkins and 300 units of sweet potatoes
Transcribed Image Text:500 400 300 200 100 Pumpkin 100 200 300 400 500 Wonderland produces and consumes two goods, pumpkins and sweet potatoes, by using two inputs, labor and capital. The production possibilities frontier of Wonderland is shown above. Which of the following combinations of pumpkins and sweet potatoes is NOT a combination which is "definitely better than the autarky consumption combination (A)"? O 300 units of pumpkins and 200 units of sweet potatoes 100 units of pumpkins and 500 units of sweet potatoes O 300 units of pumpkins and 300 units of sweet potatoes O200 units of pumpkins and 300 units of sweet potatoes
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