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Suppose Alia and Celine both have 1000 hours available to use in producing Jeans and shirts
Suppose Alia and Celine both have 1000 hours available to use in producing Jeans and shirts. The table below tells us the number of hours needed to produce 1 pair of jeans or 1 shirt for Alia and Celine. out of 9 ?? Hours of Labor to Produce One shirt Hours of Labor to Produce One Jeans Alia 4 8 Celine 8 20 1.Given the above information, estimate the maximum number of Jeans that can be produced by Alia and Celine 2.Given the above information, estimate the maximum number of Shirts that can be produced by Alia and Celine 3. Suppose both Celine and Alia are producing on their production possibility frontiers. Celine is producing 40 shirts while Alia is producing 50 Jeans. Compute the total number of shirts being produced given this information. Select one: a. 1. 175 2. 375
Expert Solution
Solution:
Given data:
Total hours to produce jeans and shirt=1000
Hours taken by Alia to produce 1 jean=8
Hours taken by Alia to produce 1 shirt=4
Hours taken by Celine to produce 1 jean=20
Hours taken by Celine to produce 1 shirt =8
a.Number of jeans produced by Alia =1000/8=125
Number of jeans produced by Celine=1000/20=50
Total number of jeans produced by Alia and Celine =125+50=175.
b.Number of shirts produced by Alia=1000/4=250
Number of shirts produced by Celine=1000/8=125
Total number of shirts produced by Alia and Celine=250+125=375
c.Number of shirts produced by Celine=40
Number of jeans produced by Alia =50
Time taken by Celine to produce 40 shirts=40*8=320 hours
Time taken by Alia to produce 50 jeans=50*8=400 hours
With 400 hours the number of shirts produced by Alia =400/4=100
Number of shirts produced by Alia and Celine=40+100=140
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