Multiple Choice
Teddy's production possibilities curve for goods M and N is described by the following equation: M = 21 - 3N,where M is the quantity of good M produced and N is the quantity of good N produced.The maximum quantity of N that Teddy can produce is
A) 63.
B) 21.
C) 14.
D) 7.
E) 0.
Correct Answer:
Verified
Correct Answer:
Verified
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