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The Economy Can Produce 0X and 15Y,10X and 10Y,20X and 5Y,or

Question 156

Multiple Choice

The economy can produce 0X and 15Y,10X and 10Y,20X and 5Y,or 30X and 0Y.It follows that opportunity cost of 1X is ___Y.


A) 5.0
B) 0.5
C) 2.5
D) 1.0
E) 2.0

Correct Answer:

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