Solved

Suppose That the Total Production of an Economy Consists of 10

Question 90

Multiple Choice

Suppose that the total production of an economy consists of 10 oranges and 5 candy bars, each orange sells for $0.20, and each candy bar sells for $1.00. What is the market value of production in this economy?


A) $1.20
B) $2.00
C) $5.00
D) $7.00

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions