Table 3-6 Assume That Zimbabwe and Portugal Can Switch Between Producing Toothbrushes

question 75

Multiple Choice

Table 3-6
Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant rate.
-Refer to Table 3-6. Which of the following combinations of toothbrushes and hairbrushes could Portugal produce in 30 minutes?

• A)1 toothbrush and 4 hairbrushes
• B)4 toothbrushes and 2 hairbrushes
• C)5 toothbrushes and 6 hairbrushes
• D)6 toothbrushes and 5 hairbrushes

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Definitions:

Loan

A sum of money borrowed that is expected to be paid back with interest.

Annual Interest Rate

The percentage of interest that will be charged or earned on a sum of money over a one-year period.

Tenth Year-end Deposit

The act of placing funds into a financial account or investment at the end of the tenth year of the account or investment's existence.

Annual Year-end Payments

Payments made at the end of a fiscal year, often related to taxes, dividends, or bonuses.