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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? Group of answer choices

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abiolataiwo2015

Answer:

500 units

Explanation:

Calculation for the maximum number of units of good Y to produce

Using this formula

Maximum number of units to produce=Maximum units of good X × Opportunity cost of 1X

Let plug in the formula

Maximum number of units to produce= 100 units× 5Y

Maximum number of units to produce=500 units

Therefore the Maximum number of units to produce will be 500 units

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