(Assume that Brad and Theresa can switch between producing wheat and producing beef at a constant rate.)
Refer to Table 3-20. Assume that Brad and Theresa each has 60 minutes available. If each person spends all his or her time producing the good in which he or she has a comparative advantage, then total production is
Minutes Needed to Make 1:
Brad- 10 Brushel of wheat. 12 lbs of beef
Theresa- 6 Brushels of wheat. 10 lbs of beef.