Table 3-1
Assume that John and Jane can switch between producing bread and wine at a constant rate.
-Refer to Table 3-1. Assume that John and Jane each work 24 hours. What happens to total production if instead of each person spending 12 hours producing each good, Jane spends 21 hours producing wine and 3 hours producing bread and John spends 3 hours producing wine and 21 hours producing bread?
A) The total production of bread and wine each rise.
B) The total production of bread rises and the total production of wine falls.
C) The total production of bread falls and the total production of wine rises.
D) The total production of bread and wine each fall.
Correct Answer:
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