Suppose That the Total Production of an Economy Consists of 10

question 90

Multiple Choice

Suppose that the total production of an economy consists of 10 oranges and 5 candy bars, each orange sells for $0.20, and each candy bar sells for $1.00. What is the market value of production in this economy?

• A)$1.20
• B)$2.00
• C)$5.00
• D)$7.00

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Definitions:

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