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Ireland and Scotland both produce potatoes

Question # 00541123
Subject: Economics
Due on: 06/06/2017
Posted On: 06/06/2017 03:22 AM

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Ireland and Scotland both produce potatoes and sausages. The table below presents their production possibilities schedules.

Production Possibilities Schedules
IrelandScotland

Potatoes

(tons)

Sausage

(tons)

Potatoes

(tons)

Sausage

(tons)

0150 0200
100120 50160
200 90100120
300 60150 80
400 30200 40
500 0250 0

a. If the two countries decided to put their resources together, what is the maximum amount (in tons) of potatoes the two countries could produce?

a.)250 tons
b.)750 tons
c.)1,000 tons
d.)500 tons

b. If the two countries decided to put their resources together, what is the maximum amount (in tons) of sausages the two countries could produce?

a.)350 tons
b.)150 tons
c.)250 tons
d.)750 tons

c. If the two countries each specialize, what is the maximum combination of potatoes and sausages that they can produce together?

750 tons of potatoes and 350 tons of sausages
250 tons of potatoes and 150 tons of sausages
500 tons of potatoes and 200 tons of sausages

650 tons of potatoes and 450 tons of sausages

Tags potatoes produce scotland ireland tons potatoes sausages countries produce maximum sausage ireland decided scotland resources schedules production poibilities b150 c250 specialize combination a350 d750 c1000 presents table a250 b750 d500

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