Question: I am trying to find the answer to Consider two farms. Farm 1 produces unlimited bushels for a cost of $5 each. Farm 2 produces
I am trying to find the answer to
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?
Select one:
a. Produce all bushels on Farm 2.
b. Produce 7 bushels on Farm 1 for every 5 bushels on Farm 2.
c. Produce all bushels on Farm 1.
d. Produce 5 bushels on Farm 1 for every 7 bushels on Farm 2.
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