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Tom and Jerry are both enterpreneurs and are producing hats and scarfs. Tom is producing 1 hat and 3 scarfs per hour whereas Jerry is currently producing 2 hats and 5 scarfs per hour. Now they want to increase their production and exports as well. They have limited labour hours to 10 hours per working day.
a) work out the total output per day for the enterpreneurs.
In which of the following situations would you prefer borrowing?
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