Smallville Has a Linear Production Possibility Frontier in the Production

question 265

Multiple Choice

Smallville has a linear production possibility frontier in the production of good X and good Y.It can produce 6 of X per hour or 8 of Y per hour.Suppose it has 240 hours of labor and divides labor hours equally between production of good X and good Y.What is the MAXIMUM number of good Y it can produce in the time it has allocated to Y production?

• A)960
• B)30
• C)720
• D)6

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Definitions:

Social Psychologist

A professional who studies how social influences affect individual behavior and how people interact within groups.

Milgram's Research

a series of psychological experiments conducted by Stanley Milgram, which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

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