Use the Following to Answer Questions

question 10

Multiple Choice

Use the following to answer questions:
Scenario: Linear Production Possibility Frontier
Largetown has a linear production possibility frontier, and it produces socks and shirts with 80 hours of labor. The table shows the number of hours of labor necessary to produce one pair of socks or one shirt.
-(Scenario: Linear Production Possibility Frontier) Look at the scenario Linear Production Possibility Frontier. If Largetown decides to devote half of its labor time to the production of socks and half of the time to the production of shirts, it can produce _____ shirts and _____ pairs of socks.

• A)10; 20
• B)20; 10
• C)30; 30
• D)0; 30

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Definitions:

Quantitative Research

A research method focused on obtaining data through objective measurements and statistical, mathematical, or computational techniques.

Surveys

A method of gathering information from a sample of people, traditionally using a questionnaire, to explore opinions, behaviors, or characteristics.

Experiments

Controlled procedures carried out to investigate the effect of a variable on a particular system.

Structured Survey

A research tool consisting of a series of questions with a set format, used to collect quantifiable data on specific topics from a target audience.