You have a field on which you can grow two types of crops, barley and wheat. The field has 30 acres and each acre can produce 2 wheat or 3 barley. Suppose you are producing 60 barley and it is economically efficient for you to do so. How much wheat are you producing? 5 wheat 10 wheat 15 wheat 20 wheat
You have a field on which you can grow two types of crops, barley and wheat. The field has 30 acres and each acre can produce 2 wheat or 3 barley. Suppose you are producing 60 barley and it is economically efficient for you to do so. How much wheat are you producing? 5 wheat 10 wheat 15 wheat 20 wheat
Chapter2: Production Possibilities Frontier Framework
Section: Chapter Questions
Problem 11WNG
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Question
You have a field on which you can grow two types of crops, barley and wheat. The field has 30 acres and each acre can produce 2 wheat or 3 barley.
Suppose you are producing 60 barley and it is economically efficient for you to do so. How much wheat are you producing?
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5 wheat
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10 wheat
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15 wheat
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20 wheat
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