Part 1Harry produces 88 balloon rides and 88 boat rides an hour. Harry could not produce more balloon rides without producing fewer boat rides. Is Harry producing on his production possibilities frontier? Part 1Harry is _______ his production possibilities frontier. A. producing inside B. producing on C. moving along D. producing outside

Question

Part 1Harry produces 88 balloon rides and 88 boat rides an hour. Harry could not produce more balloon rides without producing fewer boat rides. Is Harry producing on his production possibilities​ frontier? Part 1Harry is​ _______ his production possibilities frontier. A. producing inside B. producing on C. moving along D. producing outside

BlackTom AI · Accepted Answer

First, let's restate the key setup: Harry produces 88 balloon rides and 88 boat rides per hour, and he cannot increase balloon rides without reducing boat rides. This describes a specific relationship between two goods when resources are fully utilized and not wasted.

Option A: 'producing inside' would mean Harry is operating with some unused resources or inefficiency—he could increase production of at least one good without sacrificing the other. Since the problem states he cannot increase one good without decreasing the other, this option describes underutilization, not the current situation. Therefore, this choice does not fit the scenario.

Option B: 'producing on' the frontier means Harry is using all available resources efficiently, achieving a trade-off where increasing production of one good requires decreasing production of the other, and there are no idle resources. Given that he cannot increase balloon rides without reducing boat rides, this aligns with being on the production possibilities frontier (PPF).

Option C: 'moving along' the frontier would imply adjusting the mix of outputs while staying on the frontier, i.e., increasing one good would necessitate decreasing the other, but still operating on the frontier. However, this phrase usually describes a change along the frontier from one efficient combination to another, not the core statement of being on the frontier itself. In the context of the description provided, this option is less precise than simply saying he is on the frontier.

Option D: 'producing outside' the frontier would imply an unattainable or infeasible production combination given current resources and technology—something Harry cannot actually produce with his current constraints. Since the problem states he cannot increase one good without sacrificing the other, the described outputs do not indicate an outside (infeasible) point.

Putting it together, the situation described corresponds to an efficient production point where resources are fully utilized and the trade-off between two goods is exactly captured by the frontier. The phrasing of the other options either implies inefficiency, an ambiguous movement along the frontier, or infeasibility, none of which match the given condition.

Test:ch2_practice

查看解析

登录即可查看完整答案

类似问题

Specialization and international trade will

How can an increase in economic growth be represented on a Production Possibilities Frontier (PPF)?

Which of the following is NOT an assumption of production possibilities frontier (PPF)?

Use the following production possibilities frontiers to answer the next question. Curve (a) is the current frontier for the economy. Focusing on curve (a), point N suggests that the economy currently produces

Which type of efficiency is represented by the points on the Production Possibilities Frontier?

If the production possibilities curve were a straight line sloping down from left to right, this would suggest that

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单