1
answer
0
watching
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23 Sep 2018
2. Now you are told that the economy is producing efficiently and has chosen to produce and consume 8 units of X. At this point on the production possibilities frontier, you can use calculus to obtain the opportunity cost of Y as: A) 2 B) 1/2 C) D) 3/2 E) 2/3 F) 3 G) 1/3 H) 4 1) 1/4 J) 8/3 K) 3/8 L) 5/2 M) 2/5 N) 4/3 0) 3/4 P) 6 Q) 1/6 R) 8 S) 1/8 T) none of the above
2. Now you are told that the economy is producing efficiently and has chosen to produce and consume 8 units of X. At this point on the production possibilities frontier, you can use calculus to obtain the opportunity cost of Y as: A) 2 B) 1/2 C) D) 3/2 E) 2/3 F) 3 G) 1/3 H) 4 1) 1/4 J) 8/3 K) 3/8 L) 5/2 M) 2/5 N) 4/3 0) 3/4 P) 6 Q) 1/6 R) 8 S) 1/8 T) none of the above
Elin HesselLv2
25 Sep 2018