Use the information below to answer the following questions. In an eight-hour day, Andy can produce either 48 loaves of bread or 12 kg of butter. In an eight-hour day, Rolfe can produce either 7 loaves of bread or 14 kg of butter. The opportunity cost of producing 1 loaf of bread is ___ kg of butter for Andy
The opportunity cost of producing 1 kg of butter is ___ loaves of bread for Rolfe. After specialization, TOTAL consumption is loaves of bread and kg of butter.