QUESTION 6 PRODUCTION AND CONSUMPTION (TRADE) POSSIBILITIES FRONTIERS Portugal England 90 90 80 70 80 70 60 60 CPF 50 50 40 30 40 30 CPF PPF PPF 20 10 20 10 0 10 20 30 40 50 60 0 10 20 30 40 50 60 cloth cloth 06. If Portugal has a total of 120 man-hours of resources available for production, while England has only 90, what are the resource costs of wine and cloth? O wine costs 1 man-hour/bottle and cloth costs 1 man-hourlyard in England. wine costs 2 man-hours/bottle and cloth costs 6 man-hours/yard in Portugal. O wine costs 4/3 man-hours/bottle and cloth costs 4 man-hours/yard in England. wine costs 3/2 man-hour/bottle and cloth costs 3/2 man-hourlyard in England. O wine costs 1/2 yards/bottie and cloth costs 2 bottles/yard in Portugal.
QUESTION 6 PRODUCTION AND CONSUMPTION (TRADE) POSSIBILITIES FRONTIERS Portugal England 90 90 80 70 80 70 60 60 CPF 50 50 40 30 40 30 CPF PPF PPF 20 10 20 10 0 10 20 30 40 50 60 0 10 20 30 40 50 60 cloth cloth 06. If Portugal has a total of 120 man-hours of resources available for production, while England has only 90, what are the resource costs of wine and cloth? O wine costs 1 man-hour/bottle and cloth costs 1 man-hourlyard in England. wine costs 2 man-hours/bottle and cloth costs 6 man-hours/yard in Portugal. O wine costs 4/3 man-hours/bottle and cloth costs 4 man-hours/yard in England. wine costs 3/2 man-hour/bottle and cloth costs 3/2 man-hourlyard in England. O wine costs 1/2 yards/bottie and cloth costs 2 bottles/yard in Portugal.
Chapter1: Making Economics Decisions
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QUESTION 6
PRODUCTION AND CONSUMPTION (TRADE) POSSIBILITIES FRONTIERS
Portugal
E ngland
90
90
80
80
70
60
70
60
CPF
50
50
40
30
40
30
CPF
PPF
20
PPF
20
10
10
0 10 20 30 40 50 60
0 10 20 30 40 50 60
cloth
cloth
06. If Portugal has a total of 120 man-hours of resources available for production, while England has only 90, what are the resource costs of wine and cloth?
wine costs 1 man-hour/bottle and cloth costs 1 man-hour/yard in England.
wine costs 2 man-hours/bottle and cloth costs 6 man-hours/yard in Portugal.
wine costs 4/3 man-hours/bottle and cloth costs 4 man-hours/yard in England.
wine costs 3/2 man-hour/bottle and cloth costs 3/2 man-hour/yard in England.
wine costs 1/2 yards/bottle and cloth costs 2 bottles/yard in Portugal.
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AIG
24
13
wine
....](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0f4c940b-c83b-4e38-a0dc-f67c7b278dc9%2F47862b62-ebd3-47bd-af6d-5ec44271f554%2Fetj70m_processed.jpeg&w=3840&q=75)
Transcribed Image Text:* Question Completion Status:
QUESTION 6
PRODUCTION AND CONSUMPTION (TRADE) POSSIBILITIES FRONTIERS
Portugal
E ngland
90
90
80
80
70
60
70
60
CPF
50
50
40
30
40
30
CPF
PPF
20
PPF
20
10
10
0 10 20 30 40 50 60
0 10 20 30 40 50 60
cloth
cloth
06. If Portugal has a total of 120 man-hours of resources available for production, while England has only 90, what are the resource costs of wine and cloth?
wine costs 1 man-hour/bottle and cloth costs 1 man-hour/yard in England.
wine costs 2 man-hours/bottle and cloth costs 6 man-hours/yard in Portugal.
wine costs 4/3 man-hours/bottle and cloth costs 4 man-hours/yard in England.
wine costs 3/2 man-hour/bottle and cloth costs 3/2 man-hour/yard in England.
wine costs 1/2 yards/bottle and cloth costs 2 bottles/yard in Portugal.
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
Save All Ans
AIG
24
13
wine
....
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