Question

A country has 2 alternatives of production of production as 50X + 100Y or 54X + 98Y from the given resource available. If the country chooses the second alternative. What is the marginal opportunity cost of producing X:
(a)3Y (b)4X (c)2Y (d)6Y

Answer 1

Answer:

resource available. If the country chooses the second alternative. What is the marginal opportunity cost of producing X:

(a)3Y (b)4X (c)2Y (d)6Y