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Use the information below to answer the following questions.
Fact 2.3.2
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 a hour.
-Given Fact 2.3.2, the opportunity cost of producing a unit of Y is
Borrower's Assurance
A guarantee provided by a borrower to a lender that the borrower will meet the obligations of the loan agreement.
Lenders
Entities or individuals that provide funds to borrowers under an agreement to repay with interest.
Loans
Sums of money borrowed that are expected to be paid back with interest.
Potential Lender
An individual or institution considering the provision of loans or credit to businesses or individuals, assessing risk and return before decision-making.
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