Figure 3-4 Lisa's Production Possibilities Frontier

question 59

Multiple Choice

Figure 3-4
Lisa's Production Possibilities Frontier
Bryce's Production Possibilities Frontier
-Refer to Figure 3-4.If the production possibilities frontiers shown are each for one year of working,then which of the following combinations of jackets and sweaters could Lisa and Bryce together produce in a given year?

• A)1 sweater and 22 jackets
• B)2 sweaters and 20 jackets
• C)4 sweaters and 12 jackets
• D)5 sweaters and 7 jackets

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Definitions:

Variable

An element, feature, or factor that is likely to vary or change in value between different individuals or under different conditions.

Scientific Method

A systematic and logical approach to discovering how things in the universe work, involving observation, experimentation, and hypothesis testing.

Reporting Results

The process of presenting data and findings from research or an investigation to interested audiences.

Operational Definition

A clear, precise description of a variable or condition in terms of the specific process or set of validation tests used to determine its presence and quantity.