-Refer to the above diagrams. Which of the following is a feasible rate at which X and Y might be exchanged?

Name: -Refer to the above diagrams. Which of the following is a feasible rate at which X and Y might be exchanged?
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Question

Quizplus · Accepted Answer

The feasible rate of exchange between X and Y should be within the limits of the opportunity costs of producing X and Y. The rate of 1X for 1.5Y is likely within these limits, making it a feasible exchange rate.

-Refer to the Above Diagrams