Business
Business, 10.04.2020 16:49, senceepoai22

An economy can produce either of these two combinations of goods X and Y: 1,000X and 0Y or 400Y and 0X. Furthermore, the opportunity cost between the two goods is always constant. Which of the following combinations of the two goods, X and Y, is it possible for the economy to produce?

A) 700X, 280Y
B) 600X, 250Y
C) 400X, 150Y
D) 100X, 600Y
E) 300X, 280Y

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Answers: 2

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An economy can produce either of these two combinations of goods X and Y: 1,000X and 0Y or 400Y and...

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