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Use the Following to Answer Question(s)

Question 184

Multiple Choice

Use the following to answer question(s) :
Exhibit: Production Possibilities Curve for Firms A and B
Use the following to answer question(s) : Exhibit: Production Possibilities Curve for Firms A and B -(Exhibit: Production Possibilities Curve for Firms A and B. In Firm B, the opportunity cost of producing 1 more unit of good X is: A) 1/2 unit of Y. B) 2 units of Y. C) 20 units of Y. D) 40 units of Y.
-(Exhibit: Production Possibilities Curve for Firms A and B. In Firm B, the opportunity cost of producing 1 more unit of good X is:


A) 1/2 unit of Y.
B) 2 units of Y.
C) 20 units of Y.
D) 40 units of Y.

Correct Answer:

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