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lvnrn2012 lvnrn2012
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A year ago

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?



▸

700 units of X and  280 units of Y



▸

600 units of X and  250 units of Y



▸

400 units of X and 150 units of Y



▸

100 units of X and  600 units of Y



▸

300 units of X and  280 units of Y

Textbook 
Economics

Economics


Edition: 12th
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moyo966moyo966
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A year ago
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lvnrn2012 Author
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A year ago
Just got PERFECT on my quiz
mikey3091
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You make an excellent tutor!
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Correct Slight Smile TY
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