Question

Refer to the following table to answer the following questions.

New York PizzasPhilly Cheesesteaks
Jay-Z40120
Solange50125

Suppose that Solange and Jay-Z could each make either New Yorkstyle pizza or Philly cheesesteaks. Given an eight-hour workday, which of the following would permit them to consume outside their respective production possibilities frontiers (PPFs)?

a. a decrease in technology

b. a decrease in resources

c. specialization and trade

d. efficient use of all their productive resources

e. an Empire State of mind

Answer

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