apter 3 Quiz × \\ B b Is it absolute advant: × Plato, \"C Gto\", and sho).G Cheg

Question

apter 3 Quiz × B b Is it absolute advant: × Plato, "C Gto", and sho).G Chegg Study [Guided line.hccs.edu/courses/59535/quizzes/228633/take D Question 10 10 p Table 3-4 Assume that Andrea and Paul can switch between producing wheat and producing beef at a constant rate. Minutes Needed to Make 1 Bushel of Wheat Pound of Beef Andrea 30 15 Refer to Table 3-4. Assume that Andrea and Paul each has 430 minutes available. If each person divides his time equaly between the production of wheat and beef, then total production is 16 bushels of wheat and 4S pounds of beef 5 bushels of wheat and 24 pounds of beef 21 bushels of wheat and 33 pounds of beef 24 bushels of wheat and 64 pounds of beef

Explanation / Answer

Option (4).

Output table for 240 minutes devoted to each good, for both Andrea and Paul, is as follows.

240/5 = 48

Total Wheat (bushels) = 8 + 16 = 24

Total beef (pounds) = 16 + 48 = 64

Wheat (Bushels) Beef (Pound) Andrea 240/30 = 8 240/15 = 16 Paul 240/15 = 16

240/5 = 48

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