Question

Suppose Jim and Tom can both produce two goods: baseball bats and hockey sticks. Which of the following is not possible?

1) Jim can produce baseball bats but not hockey sticks
2) Tom can produce baseball bats but not hockey sticks
3) Jim can produce hockey sticks but not baseball bats
4) Tom can produce hockey sticks but not baseball bats

Answer 1

The correct answer is option 1) Jim can produce baseball bats but not hockey sticks.

Step-by-step explanation:

The question asks us to determine which of the following is not possible: 1) Jim can produce baseball bats but not hockey sticks, 2) Tom can produce baseball bats but not hockey sticks, 3) Jim can produce hockey sticks but not baseball bats, or 4) Tom can produce hockey sticks but not baseball bats.

The correct answer is option 1) Jim can produce baseball bats but not hockey sticks. This is not possible because it implies that Jim has the ability to produce baseball bats but not hockey sticks, which contradicts the information given that Jim can produce both goods.