Table 3-4
Assume that the farmer and the rancher can switch between producing meat and producing potatoes at a constant rate.

-Refer to Table 3-4.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 10 pounds of potatoes.
B) 7 pounds of meat and 12.5 pounds of potatoes.
C) 10 pounds of meat and 20 pounds of potatoes.
D) 14 pounds of meat and 25 pounds of potatoes.

Question

Table 3-4
Assume that the farmer and the rancher can switch between producing meat and producing potatoes at a constant rate.
 
-Refer to Table 3-4.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 10 pounds of potatoes. 
B) 7 pounds of meat and 12.5 pounds of potatoes. 
C) 10 pounds of meat and 20 pounds of potatoes. 
D) 14 pounds of meat and 25 pounds of potatoes.

Quizplus · Accepted Answer

The farmer can produce 3.5 pounds of meat and 7.5 pounds of potatoes in 40 hours. The rancher can produce 3.5 pounds of meat and 5 pounds of potatoes in 40 hours. If each person divides his time equally between the production of meat and potatoes, then total production is 7 pounds of meat and 12.5 pounds of potatoes.

Table 3-4 Assume That the Farmer and the Rancher Can Switch Between