Brett, who is a chef, divides his time between fishing and cooking meals.His production set is described by the equation $x + 4 y = 15$ , where $x$ is the number of salmon he catches and y the number of meals he cooks.If Brett catches 5 salmon and cooks 2 meals,
A)he is overusing his resources.
B)the result is economically efficient.
C)the result is economically inefficient.
D)he is achieving the best possible outcome.

Question

Quizplus · Accepted Answer

If Brett catches 5 salmon and cooks 2 meals, then plugging those values into the production set equation gives 5 + 4(2) = 13. This means that Brett is not using all of his available resources (which would be 15 in this case). Therefore, the result is economically inefficient. To achieve the best possible outcome, Brett would need to adjust his salmon catching and meal cooking to fully utilize his available resources.

Brett, Who Is a Chef, Divides His Time Between Fishing x+4y=15x + 4 y = 15x+4y=15

Brett, Who Is a Chef, Divides His Time Between Fishing $x + 4 y = 15$