Multiple Choice
Suppose goods X and Y are produced along a production possibilities frontier 4X2 + Y2 = 500 and they are perfect substitutes such that U = X + Y.The slope of the production possibilities frontier is .What is this slope at the utility-maximizing point?
A) 0
B) -1
C) -4
D) -5
Correct Answer:

Verified
Correct Answer:
Verified
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