Social Studies
Social Studies, 29.04.2021 23:20, dootdootkazoot

1. A firm currently produces 500 units of a good X and 300 of a good Y using its resources. In the following week it decides to produce 600 units of X and 250 Y. What is the opportunity cost of the decision to produce 100 more units of X. 2. In the diagram below, country A is currently producing at point A. What would be the opportunity cost of a decision to reallocate its resources to produce at point B so it could produce more cheese.

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