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Thomas Faces Prices of $6 for a Unit of Good

question 185

Short Answer

Thomas faces prices of $6 for a unit of good X and $30 for a unit of good Y. At his optimum, Thomas is willing to give up 1 unit of good Y for __________ units of good X.


Definitions:

Ramus

The term ramus typically refers to a branch or a part of a bone that extends out from the main body of the bone, often creating a connection with other structures.

Occipital Condyles

Rounded protuberances found on the occipital bone of the skull that articulate with the first cervical vertebra, allowing for nodding and rotation of the head.

Cervical Vertebra

The vertebrae of the spine found at the neck region, supporting the skull and enabling a wide range of head movement.

Mandible

The lower jawbone, which is the largest and strongest bone in the human face.

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