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kyaramarie318 kyaramarie318
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A year ago
Scenario: There are two workers in a factory that produces two goods, Good X and Good Y. Worker 1 adds a value of $200 per hour in the production of Good X and a value of $100 per hour in the production of Good Y. Worker 2 adds a value of $125 per hour in the production of Good X and a value of $87.50 per hour in the production of Good Y.


Refer to the scenario above. Which of the following is TRUE in this case?

▸ Worker 1 should produce Good Y, and Worker 2 should produce Good X.

▸ Worker 1 should produce Good X, and Worker 2 should produce Good Y.

▸ Both the workers should specialize in the production of Good X.

▸ Both the workers should specialize in the production of Good Y.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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allegri87allegri87
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A year ago
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kyaramarie318 Author
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A year ago
Helped a lot
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Good timing, thanks!
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2 hours ago
You make an excellent tutor!
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