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Table 3-3 Assume that Aruba and Iceland can switch between producing coolers and producing radios at a constant rate. Labor Hours Needed to Make 1
Table 3-3 Assume that Aruba and Iceland can switch between producing coolers and producing radios at a constant rate. Labor Hours Needed to Make 1 Cooler Radio Aruba 2 5 Iceland 1 4 Refer to Table 3-3. Which of the following represents Aruba's production possibilities frontier when 100 labor hours are available? RADIOS a. 1 2 3 4 5 COOLERS RADIOS b. 2 3 4 5 COOLERS COOLERS O 500 400 RADIOS 300 200 C. 100 100 200 300 400 500 COOLERS 50 40 RADIOS 30 20 d. 10 10 20 30 40 50 COOLERS
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