Table 3-15 ​ ​

question 458

Multiple Choice

Table 3-15
​ ​
-Refer to Table 3-15. 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.

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Definitions:

Doghouses

Small shelters provided for dogs, typically placed outdoors, offering protection and a comfortable space for pets.

Dishwashers

Appliances designed for automatically cleaning dishware and cutlery.

Markets

Places or systems where buyers and sellers engage in exchange of goods, services, or financial instruments.

Households

Individuals or groups of people living together who make joint decisions on the consumption of goods and services.