Which of the following combinations of meat and potatoes could the rancher not produce in 24 hours? Group of answer choices 5 pounds of meat and 1 pounds of potatoes. 2 pounds of meat and 2 pounds of potatoes. 1 pounds of meat and 3 pounds of potatoes. 4 pounds of meat and 1 pound of potatoes.
Which of the following combinations of meat and potatoes could the rancher not produce in 24 hours? Group of answer choices 5 pounds of meat and 1 pounds of potatoes. 2 pounds of meat and 2 pounds of potatoes. 1 pounds of meat and 3 pounds of potatoes. 4 pounds of meat and 1 pound of potatoes.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Table 3-7
Assume that the farmer and the rancher can switch between producing meat and producing potatoes at a constant rate.
Labor Hours Needed to Make 1 Pound of | Pounds Produced in 24 Hours | |||
Meat | Potatoes | Meat | Potatoes | |
Farmer | 6 | 4 | 4 | 6 |
Rancher | 3 | 8 | 8 | 3 |
Refer to Table 3-7. Which of the following combinations of meat and potatoes could the rancher not produce in 24 hours?
Group of answer choices
5 pounds of meat and 1 pounds of potatoes.
2 pounds of meat and 2 pounds of potatoes.
1 pounds of meat and 3 pounds of potatoes.
4 pounds of meat and 1 pound of potatoes.
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