Question
Robinson and Friday are the only people on Despair, a small island. They both produce grain and meat. Let G denote the quantity of grain,
Robinson and Friday are the only people on Despair, a small island. They both produce grain and meat. Let G denote the quantity of grain, and M denote the quantity of meat. The following equations summarize their production possibility curves (PPCs) per week.
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Robinson: G = 21 7M
Friday: G = 148 8M
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Suppose Despair is a closed economy. If Robinson and Friday would like to jointly consume 16 units of meat per week, they would be able to jointly consume a maximum of [Answer] units of grain per week.
(In decimal numbers, with two decimal places, please.)
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