The PPFs below show the daily trade-offs between making Pizza and Lemonade for Alex and Barb.LEMONADE50045040035030025020015010060Alex's PPF50 100 150 200 250 300 350 400 450 500PIZZASLEMONADE50040035030026020015010060Barb's PPFB (180, 180)50 100 150 200 250 300 350 400 450 500PIZZASBased on both Alex's current production and Barb's current production, select all that are true.(A) If Alex and Barb only produce pizzas, they can make 500 pies a day.B If Alex and Barb only produce lemonade, they can make 500 pitchers a day.If Barb produces at Point B and Alex only produce pizzas, they can make 580 pitchers and 180 pies a day.(D) If Barb produces at Point B and Alex only produce lemonade, they can make 580 pitchers and 180 pies a day.If Barb produces at Point B and Alex only produce pizzas, they can make 180 pitchers and 480 pies a day.(F) If Alex produces at Point A and Barb only produce lemonade, they can make 100 pitchers and 650 pies a day.G If Alex and Barb only produce lemonade, they can make 850 pitchers a day.H If Alex produces at Point A and Barb only produce lemonade, they can make 650 pitchers and 100 pies a day.If Alex produces at Point A and Barb only produce pizzas, they can make 200 pitchers and 400 pies a day.:

The Production Possibility Frontier (PPF), illustrates the possible quantities of two products that…

Answered: Based on both Alex's current production…

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Based on both Alex's current production and Barb's current production, select all that are true.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The PPFs below show the daily trade-offs between making Pizza and Lemonade for Alex and Barb.
LEMONADE
500
450
400
350
300
250
200
150
100
60
Alex's PPF
50 100 150 200 250 300 350 400 450 500
PIZZAS
LEMONADE
500
400
350
300
260
200
150
100
60
Barb's PPF
B (180, 180)
50 100 150 200 250 300 350 400 450 500
PIZZAS
Based on both Alex's current production and Barb's current production, select all that are true.
(A) If Alex and Barb only produce pizzas, they can make 500 pies a day.
B If Alex and Barb only produce lemonade, they can make 500 pitchers a day.
If Barb produces at Point B and Alex only produce pizzas, they can make 580 pitchers and 180 pies a day.
(D) If Barb produces at Point B and Alex only produce lemonade, they can make 580 pitchers and 180 pies a day.
If Barb produces at Point B and Alex only produce pizzas, they can make 180 pitchers and 480 pies a day.
(F) If Alex produces at Point A and Barb only produce lemonade, they can make 100 pitchers and 650 pies a day.
G If Alex and Barb only produce lemonade, they can make 850 pitchers a day.
H If Alex produces at Point A and Barb only produce lemonade, they can make 650 pitchers and 100 pies a day.
If Alex produces at Point A and Barb only produce pizzas, they can make 200 pitchers and 400 pies a day.
:

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