Question: . Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate. Hours Needed to Make 1 Quantity Produced
. Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate. Hours Needed to Make 1 Quantity Produced in 2400 Hours Car Airplane Cars Airplanes Japan 30 150 80 16 Korea 50 150 48 16 Refer to Table above. Assume that Japan and Korea each has 2400 hours available. If each country divides its time equally between the production of cars and airplanes, then total production is a. 40 cars and 8 airplanes. b. 64 cars and 16 airplanes. c. 80 cars and 16 airplanes. d. 128 cars and 32 airplanes.
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