New York University ECON-SHU ECON-SHU ECO Smith and Jones comprise a two-person economy. Their hourly rates…
Smith and Jones comprise a two-person economy. Their hourly rates of production are shown below.
|Calculators Per Hour||Computers Per Hour|
If Smith and Jones are dividing their time efficiently and producing fewer than 10 computers and more than 120 calculators per hour, then Smith will ______ and Jones will ______.
A) split his time between computers and calculators; produce only calculators
B) produce only calculators; split his time between computers and calculators
C) produce only calculators; produce only computers
D) produce only computers; produce only calculators
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