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Suppose Goods X and Y Are Produced Along a Production

Question 4

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Suppose goods X and Y are produced along a production possibilities frontier 4X2 + Y2 = 500 and they are perfect substitutes such that U = X + Y.The slope of the production possibilities frontier is Suppose goods X and Y are produced along a production possibilities frontier 4X<sup>2</sup> + Y<sup>2</sup> = 500 and they are perfect substitutes such that U = X + Y.The slope of the production possibilities frontier is   .How much Y should be produced? A)  0 B)  5 C)  10 D)  20 .How much Y should be produced?


A) 0
B) 5
C) 10
D) 20

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