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(Solved): Consider the production possibility frontier (PPF) illustrated in the figure ...
Consider the production possibility frontier (PPF) illustrated in the figure to the right. If \( P_{X}=50.00 \) and \( P_{Y}=25.00 \), how many units of good \( X \) and good \( Y \) will be produced? The firm should produce units of good \( \mathrm{X} \) and units of good \( \mathrm{Y} \). (Enter numeric responses using integers.)
Expert Answer
from the given data, we have Px = 50 Py = 25 from the given graph If the firm produce 80 unit