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The Marginal Rate of Transformation from Good X to Good

Question 48

Multiple Choice

The marginal rate of transformation from good X to good Y


A) Is the additional amount of X that can be produced by sacrificing one unit of Y
B) Is the ratio of a firm's marginal products
C) Is the additional amount of Y that can be consumed by sacrificing one unit of X
D) Is the ratio of a firm's marginal costs

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