If an Economy Can Produce a Maximum of 100 Units

question 30

Multiple Choice

If an economy can produce a maximum of 100 units of good X and the opportunity cost of 1X is always 5Y,then what is the maximum number of units of good Y the economy can produce?

• A) 250
• B) 100
• C) 20
• D) 500
• E) none of the above

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Definitions:

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A widely-used social networking platform that allows users to create profiles, share content, and connect with others.

Fitbit

A brand of consumer-oriented wearable technology devices designed to monitor health-related metrics such as steps walked, heart rate, and quality of sleep.

Twitter

A free microblogging service that allows its users to send messages and read other users’ messages and updates.

Fitbit

A brand of consumer electronics known for its products that track various physical activities such as steps walked, heart rate, and sleep patterns.