A Machine Can Manufacture 1 Unit of Good X in 2

question 242

Multiple Choice

A machine can manufacture 1 unit of Good X in 2 hours and 1 unit of Good Y in 1 hour.Assuming that the machine is used for 10 hours,which of the following combinations will lie on the production possibilities curve?

• A) 5 units of Good X and 2 units of Good Y
• B) 3 units of Good X and 4 units of Good Y
• C) 2 units of Good X and 2 units of Good Y
• D) 6 units of Good X only

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Definitions:

Logic of Statements

Refers to the study and application of the principles of valid inference and correct reasoning, particularly focusing on the relationships and properties of statements in logic.

Negation

The contradiction or denial of something, often expressed in linguistic terms as "not."

Bi-conditional

A logical connection between two statements where both are true or both are false.

Tautology

A statement that is true by necessity or by virtue of its logical form, often repeating the same idea in different words.