Table 3-3 Assume That Zimbabwe and Portugal Can Switch Between Producing Toothbrushes

question 297

Multiple Choice

Table 3-3
Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant rate.

-Refer to Table 3-3.Which of the following combinations of toothbrushes and hairbrushes could Zimbabwe not produce in 120 minutes?

• A) 5 toothbrushes and 11 hairbrushes
• B) 10 toothbrushes and 9 hairbrushes
• C) 20 toothbrushes and 6 hairbrushes
• D) 30 toothbrushes and 3 hairbrushes

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Definitions:

Surpluses

Situations in which the quantity of a good or service supplied exceeds the quantity demanded at a given price.

Migration

The movement of individuals or groups from one location to another, often for reasons such as employment, education, or economic opportunities.

Price Supports

Government interventions to maintain the price of a good or service at a certain level to encourage production and protect producers.

Producers' Income

The earnings or revenue received by the producers or firms from the sale of goods or services before the deduction of any expenses.