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punkybrewster punkybrewster
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A year ago
The table below illustrates that, in one day, Tristan can produce either 12 fishing lures or mow 3 lawns, while Thomas can produce either 6 fishing lures or mow 6 lawns.

Fishing LuresMowed Lawns
Tristan123
Thomas66

TABLE 1-1

Refer to Table 1-1. If Tristan and Thomas want to maximize their joint output from one day of work, how should they specialize their production?

▸ Tristan produces 6 lures and 3 mowed lawns

▸ Tristan produces nothing, Thomas produces 6 lures and 6 mowed lawns

▸ Tristan produces 6 lures; Thomas produces 6 lures

▸ Tristan produces 12 lures; Thomas produces 6 mowed lawns

▸ Tristan produces 3 mowed lawns; Thomas produces 6 mowed lawns
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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Kmc14Kmc14
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A year ago
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punkybrewster Author
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A year ago
Smart ... Thanks!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
this is exactly what I needed
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