Question

Farmer Blue will only grow corn and Farmer Red will only grow potatoes. Then they’ll trade: two tons of potatoes for one ton of corn.
Plot how much of each crop Farmers Blue and Red could have after trading. Based on this, do you think it’s a smart idea for each farmer to specialize in a single crop and then trade? Why or why not?

Answer 1

Step-by-step explanation:

Organic potatoes can be grown on a large-scale without commercial pesticides and standard fertilizers. However, production costs for organic potatoes are higher and their yields are lower than for conventionally produced potatoes. Whether prices for organic potatoes can be high enough to offset these costs remains a question.