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k0ka [10]
1 year ago
11

The economy can produce 15x and 15y, 10x and 20y, 5x and 25y, or 0x and 30y. it follows that opportunity cost of 1x is ___y.

Business
1 answer:
AVprozaik [17]1 year ago
5 0

The opportunity cost of 1x is 29y.

<h3>What is the opportunity cost?</h3>

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives.

It can be seen that the economy can produce a maximum of 30 units of either product x or y. If 1 of x is being produced, the opportunity cost is 29 (30 - 1)y.

To learn more about opportunity cost, please check: brainly.com/question/26315727

#SPJ1

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Law Incorporation [45]

Answer:

Explanation:

Issue: Will the court rule in support of Daniel’s argument that Nintendo breached the warranty based on reasonable expectation on the performance of an expensive system and statements made while selling the gaming system?

Rule:  There is a creation of express warranty when a seller makes a description of the statement quality, condition or performance of goods sold. This warranty is created by the statement of facts and if the seller uses words to designate the value of the supposed goods, it will only be considered as an opinion that does not create any express warranty.

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3 years ago
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