Table 3-14
Assume that Nick and Faldo can switch between producing wheat and producing cloth at a constant rate.
-Refer to Table 3-14. Assume that Nick and Faldo each has 2 hours available. If each person divides his time equally between the production of wheat and cloth, then total production is
A) 8 bushels of wheat and 15 yards of cloth.
B) 14 bushels of wheat and 27 yards of cloth.
C) 16 bushels of wheat and 30 yards of cloth.
D) 28 bushels of wheat and 34 yards of cloth.
Correct Answer:
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Q20: Figure 3-1 Q33: Figure 3-3 Q36: Figure 3-2 Q434: Table 3-11 Q435: Table 3-13 Q436: Table 3-9 Q437: Table 3-12 Q438: Table 3-11 Q440: Table 3-11 Q441: Table 3-18
Panel (a)
Panel (b)
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