CU Economy Worksheet

Suppose an economy has 300 units of labour and 450 units of land. These can be used in the productionof wheat and cotton. Each unit of wheat requires 2 of labour and 1 of land; each unit of cotton requires
1 of labour and 2 of land. A plan to produce x units of wheat and y units of cotton is feasible if its
requirements of each factor of production are less than the available amount of that factor:
2x+y