Assume that the farmer and the rancher each has 40 labor hours available. If each person divides his time equally between the production of meat and potatoes, then total production is a. 7.5 pounds of meat and 6 pounds of potatoes. b. 10 pounds of meat and 8 pounds of potatoes. c. 6 pounds of meat and 7.5 pounds of potatoes. d. 5 pounds of meat and 4 pounds of potatoes.