Please answer number 8, 9 and 10. Table 3-4Assume that Andrea and Paul can switch between producing wheat and producing beef at a constant rate.Minutes Needed to Make 1Bushel of WheatAndrea 30Paul158. Refer to Table 3-4. Assume that Andrea and Paul each has 480 minutes available. If each person divides his time equallybetween the production of wheat and beef, then total production isa.b.9. Refer to Table 3-4. Which of the following combinations of wheat and beef could Andrea produce in one 8-hour day?16 bushels of wheat and 32 pounds of beefC.d.Pound of Beef155a.b.C.d.10. Refer to Table 3-4. Which of the following combinations of wheat and beef could Paul not produce in one 8-hour day?13 bushels of wheat and 60 pounds of beef20 bushels of wheat and 30 pounds of beef20 bushels of wheat and 20 pounds of beef25 bushels of wheat and 15 pounds of beef9 bushels of wheat and 25 pounds of beef7 bushels of wheat and 15 pounds of beef10 bushels of wheat and 13 pounds of beef

Given, Bushel of Wheat Pound of Beef Andrea 30 15 Paul 15 5

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 Andrea 30 Paul 15 C. d. Pound of Beef 8. Refer to Table 3-4. Assume that Andrea and Paul each has 480 minutes available. If each person divides his time equally between the production of wheat and beef, then total production is 15 9. Refer to Table 3-4. Which of the following combinations of wheat and beef could Andrea produce in one 8-hour day? a. 16 bushels of wheat and 32 pounds of beef b. a. b. 5 C. d. 10. Refer to Table 3-4. Which of the following combinations of wheat and beef could Paul not produce in one 8-hour day? 13 bushels of wheat and 60 pounds of beef 20 bushels of wheat and 30 pounds of beef 20 bushels of wheat and 20 pounds of beef 25 bushels of wheat and 15 pounds of beef 9 bushels of wheat and 25 pounds of beef 7 bushels of wheat and 15 pounds of beef 10 bushels of wheat and 13 pounds of beef

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 Andrea 30 Paul 15 C. d. Pound of Beef 8. Refer to Table 3-4. Assume that Andrea and Paul each has 480 minutes available. If each person divides his time equally between the production of wheat and beef, then total production is 15 9. Refer to Table 3-4. Which of the following combinations of wheat and beef could Andrea produce in one 8-hour day? a. 16 bushels of wheat and 32 pounds of beef b. a. b. 5 C. d. 10. Refer to Table 3-4. Which of the following combinations of wheat and beef could Paul not produce in one 8-hour day? 13 bushels of wheat and 60 pounds of beef 20 bushels of wheat and 30 pounds of beef 20 bushels of wheat and 20 pounds of beef 25 bushels of wheat and 15 pounds of beef 9 bushels of wheat and 25 pounds of beef 7 bushels of wheat and 15 pounds of beef 10 bushels of wheat and 13 pounds of beef

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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