Figure 3-5 These Graphs Illustrate the Production Possibilities Available for Dancing Shoes

question 17

Multiple Choice

Figure 3-5
These graphs illustrate the production possibilities available for dancing shoes to Fred and Ginger with 40 hours of labour.
-Refer to Figure 3-5. If Fred and Ginger both specialize in the good in which they have a comparative advantage, what would the total production be?

• A) 6 ballet slippers and 6 tap shoes
• B) 8 ballet slippers and 6 tap shoes
• C) 8 ballet slippers and 8 tap shoes
• D) 8 ballet slippers and 10 tap shoes

---

Definitions:

Ethical and Honest

Behaviors and practices that are morally right, characterized by fairness, transparency, and integrity.

Neutral

Not favoring any side in a conflict, competition, or comparison; impartial.

Debasement

The reduction in quality or value of something, often deliberately for personal gain or advantage.

Incapable

Lacking the ability, means, or competence to accomplish a task or fulfill a role.