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    Exam 1: Economic Models
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    Suppose a Production Possibilities Frontier Can Be Expressed as 9X<sup>2</sup>
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Suppose a Production Possibilities Frontier Can Be Expressed as 9X2

Question 19

Question 19

Multiple Choice

Suppose a production possibilities frontier can be expressed as 9X2 + Y2 = 81 what is the opportunity cost of going from 1 unit of X to 2 units of X (in terms of units of Y) ?


A) 45
B) Suppose a production possibilities frontier can be expressed as 9X<sup>2</sup> + Y<sup>2</sup> = 81 what is the opportunity cost of going from 1 unit of X to 2 units of X (in terms of units of Y) ? A)  45 B)    C)    -   D)  1
C) Suppose a production possibilities frontier can be expressed as 9X<sup>2</sup> + Y<sup>2</sup> = 81 what is the opportunity cost of going from 1 unit of X to 2 units of X (in terms of units of Y) ? A)  45 B)    C)    -   D)  1 - Suppose a production possibilities frontier can be expressed as 9X<sup>2</sup> + Y<sup>2</sup> = 81 what is the opportunity cost of going from 1 unit of X to 2 units of X (in terms of units of Y) ? A)  45 B)    C)    -   D)  1
D) 1

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