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Smith and Jones Comprise a Two-Person Economy Refer to the Table Above

Question 49

Multiple Choice

Smith and Jones comprise a two-person economy.Their hourly rates of production are shown below.  Good  Smith  Jones  Computers 106 Calculators 100120\begin{array}{ccc}\underline{\text { Good }}&\underline{\text { Smith }} & \underline{\text { Jones }} \\\text { Computers } & 10 & 6 \\\text { Calculators } & 100 & 120\end{array}
Refer to the table above.Suppose Smith and Jones begin by producing 16 computers and 0 calculators per hour.If they wish to produce 14 computers and 40 calculators per hour,then Smith will spend __________ and Jones will spend __________.


A) 1 hour on computers;40 minutes on computers and 20 minutes on calculators
B) 1 hour on computers;20 minutes on computers and 40 minutes on calculators
C) 30 minutes on each;30 minutes on each
D) 45 minutes on computers and 15 on calculators;1 hour on calculators

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