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-Agnes Can Produce Either 1 Unit of X or 1

question 322

Multiple Choice

  -Agnes can produce either 1 unit of X or 1 unit of Y in an hour, while Brenda can produce either 2 units of X or 4 units of Y in an hour. The opportunity cost of producing a unit of X is A)  1 unit of Y per unit of X for Agnes and 2 units of Y per unit of X for Brenda. B)  1 unit of Y per unit of X for Agnes and 1/2 unit of Y per unit of X for Brenda. C)  1 hour for Agnes and 1/2 hour for Brenda. D)  1 hour for Agnes and 2 hours for Brenda.
-Agnes can produce either 1 unit of X or 1 unit of Y in an hour, while Brenda can produce either 2 units of X or 4 units of Y in an hour. The opportunity cost of producing a unit of X is


Definitions:

Geographic Location

The specific physical position or area where something exists or occurs, often defined in terms of latitude and longitude.

Information System

A system comprising people, processes, data, and technology that serves to collect, process, store, and deliver information.

GIS

Geographic Information Systems (GIS) are frameworks for gathering, managing, and analyzing data rooted in the geographic location of the data points.

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