Table 8 Lenny and Claire run a business that sets up and tes…

Table 8 Lenny and Claire run a business that sets up and tests software. Assume that Lenny and Claire can switch between setting up and testing software at a constant rate. The following table applies.   Hours Needed to Quantity of Software Set Up or Tested in a 40-Hour Week   Set Up 1 Software Test 1 Software Software Set Up Software Tested Lenny 0.8 1 50 40 Claire 0.5 0.67 80 60 Refer to Table 8. Which of the following points would not be on Lenny’s production possibilities frontier, based on a 40-hour week?

Table 5 Assume that England and Spain can switch between pro…

Table 5 Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.   Labor Hours Needed to Make 1 Unit of Number of Units Produced in 24 Hours   Cheese Bread Cheese Bread England 2 3 12 8 Spain 4 6 6 4 Refer to Table 5. Which of the following combinations of cheese and bread could England not produce in 24 hours?

Table 10   Labor Hours Needed to Make1 Pound of Amount Pr…

Table 10   Labor Hours Needed to Make1 Pound of Amount Producedin 40 Hours   Meat Potatoes Meat Potatoes Farmer 8 hours/pound 5 hours/pound 5 pounds 8 pounds Rancher 4 hours/pound 10 hours/pound 10 pounds 4 pounds Refer to Table 10. Assume that the farmer and the rancher each has 40 labor hours available. If each person divides his time equally between the production of meat and potatoes, then total production is