If an Economy Can Produce a Maximum of 100 Units

question 30

Multiple Choice

If an economy can produce a maximum of 100 units of good X and the opportunity cost of 1X is always 5Y,then what is the maximum number of units of good Y the economy can produce?

• A) 250
• B) 100
• C) 20
• D) 500
• E) none of the above

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Definitions:

Orienting Principles

Fundamental concepts or assumptions that guide thinking, research, or policy in various fields.

Therapeutic Factor

An element or aspect of therapy that contributes to the healing process or beneficial outcomes for the person receiving treatment.

Hope

A feeling of expectation and desire for a particular thing to happen, often associated with motivation and optimism.

Universality

The quality of being universal; applicable or relevant across all cases or situations.