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Suppose That the Total Production of an Economy Consists of 4

Question 149

Multiple Choice

Suppose that the total production of an economy consists of 4 oranges and 10 candy bars, each orange sells for $0.25, and each candy bar sells for $0.50. What is the market value of production in this economy?


A) $0.75
B) $1.00
C) $5.00
D) $6.00

Correct Answer:

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