2629]In Egypt, there are 200 workers who are able to produce either cotton or bread.

The details are as follows.

Type of workerNumberper capita production

CottonorBread

Cotton expert806 units2 units

Mixed expert1003 units3 units

Bread expert201unit5 units

26. If all 200 workers are supposed to work for the cotton production, what is the maximum

possible output of cottons?

a. 200.

b. 360.

c. 700.

d. 800.

27. If all 200 workers are supposed to work for the bread production, what is the maximum possible output of breads?

a. 480.

b. 560.

c. 620.

d. 680.

28. If 150 workers are supposed to work for the bread production, and remaining 50 workers are supposed to work for the cotton production, what is the maximum possible output of cottons and breads?

a. Cotton (240), Bread (420).

b. Cotton (240), Bread (540).

c. Cotton (300), Bread (460).

d. Cotton (300), Bread (500).

29. Suppose Egypt produces 800 breads and no cotton now. If Egypt would like to have 180 units of cotton, what is the opportunity cost for Egypt in terms of the units of bread?

a. 30.

b. 40.

c. 50.

d. 60.

30. Peanuts are $2 per pound and cashew nuts are $5 per pound.If the marginal utility from

consuming the last pound of cashew nuts equals 15 utils, then the marginal utility from

consuming the last pound of peanuts in consumer equilibrium should equal:

a) 18 utils.

b) 15 utils.

c)8 utils.

d)6 utils.