An Economy Can Produce Either of These Two Combinations of Goods

question 60

Multiple Choice

An economy can produce either of these two combinations of goods X and Y: 1,000X and 0Y or 400Y and 0X.Furthermore,the opportunity cost between the two goods is always constant.Which of the following combinations of the two goods,X and Y,lies on the economy's production possibilities frontier?

• A) 700 units of X and 280 units of Y
• B) 600 units of X and 250 units of Y
• C) 400 units of X and 150 units of Y
• D) 90 units of X and 360 units of Y
• E) 300 units of X and 280 units of Y

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Definitions:

Conversion Disorder

A mental condition where a person experiences physical neurological symptoms, such as blindness or paralysis, that are not explainable by medical evaluation.

Functional Neurological

Disorders where patients experience neurological symptoms without a clear structural problem in the nervous system, believed to result from psychological stress.

Optic Nerve

A crucial nerve in the visual system that transmits visual information from the retina to the brain.

Physical Symptom

A bodily manifestation of a condition or disease, which is often objectively observed or measured.