Multiple Choice
Consider two farms. Farm 1 produces unlimited bushels for a cost of $5 each. Farm 2 produces unlimited bushels for a cost of $7 each. How should production be allocated between these two farms?
A) Produce 7 bushels on Farm 1 for every 5 bushels on Farm 2.
B) Produce 5 bushels on Farm 1 for every 7 bushels on Farm 2.
C) Produce all bushels on Farm 1.
D) Produce all bushels on Farm 2.
Correct Answer:
Verified
Correct Answer:
Verified
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