If You Could Exactly Afford Either 4 Units of X

question 40

Multiple Choice

If you could exactly afford either 4 units of x and 24 units of y, or 9 units of x and 4 units of y, then if you spent all of your income on y, how many units of y could you buy?

• A)40
• B)20
• C)60
• D)13
• E)None of the above.

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Definitions:

Producing Country

A nation that is engaged in the extraction or creation of goods and services for sale.

Imported Product

Goods or services brought into one country from another for sale.

Cultural Barrier

Obstacles in communication and interaction that arise from differences in culture, language, and societal norms among individuals or groups.

Import Quota

A government-imposed limit on the amount or value of goods that can be imported into a country.