Hubert and Kate are farmers. Each one owns a 20-acre plot of land. The following table shows the amount of barley and alfalfa each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing barley or alfalfa or to produce barley on some of the land and alfalfa on the rest. Barley Alfalfa (Bushels per acre) (Bushels per acre) Hubert 18 9 Kate 40 8 On the following graph, use the blue line (circle symbol) to plot Hubert's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Kate's PPF. Help
Hubert and Kate are farmers. Each one owns a 20-acre plot of land. The following table shows the amount of barley and alfalfa each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing barley or alfalfa or to produce barley on some of the land and alfalfa on the rest. Barley Alfalfa (Bushels per acre) (Bushels per acre) Hubert 18 9 Kate 40 8 On the following graph, use the blue line (circle symbol) to plot Hubert's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Kate's PPF. Help
Chapter2: Scarcity And Opportunity Costs
Section: Chapter Questions
Problem 14E
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Question
Hubert and Kate are farmers. Each one owns a 20-acre plot of land. The following table shows the amount of barley and alfalfa each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing barley or alfalfa or to produce barley on some of the land and alfalfa on the rest.
|
|
Barley
|
Alfalfa
|
|---|---|---|
|
(Bushels per acre)
|
(Bushels per acre)
|
|
| Hubert | 18 | 9 |
| Kate | 40 | 8 |
On the following graph, use the blue line (circle symbol) to plot Hubert's production possibilities frontier (PPF ), and use the purple line (diamond symbol) to plot Kate's PPF. Help
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