Table 3-12

-Refer to Table 3-12.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
A) 5 pounds of meat and 4 pounds of potatoes.
B) 6 pounds of meat and 7.5 pounds of potatoes.
C) 7.5 pounds of meat and 6 pounds of potatoes.
D) 10 pounds of meat and 8 pounds of potatoes.

Question

Table 3-12
 
-Refer to Table 3-12.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
A) 5 pounds of meat and 4 pounds of potatoes. 
B) 6 pounds of meat and 7.5 pounds of potatoes. 
C) 7.5 pounds of meat and 6 pounds of potatoes. 
D) 10 pounds of meat and 8 pounds of potatoes.

Quizplus · Accepted Answer

The farmer can produce 3 pounds of meat and 4 pounds of potatoes in 40 hours. The rancher can produce 2.5 pounds of meat and 3.5 pounds of potatoes in 40 hours. If each person divides his time equally between the production of meat and potatoes, then the total production will be 7.5 pounds of meat and 6 pounds of potatoes.

Table 3-12 -Refer to Table 3-12.Assume That the Farmer and the Rancher