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Country production possibility frontier

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There is a hypothetical country with 100 labor hours available and with two industries, X and Y. In the X industry, it takes 2 hours to produce one unit of good X, while it takes 3 hours to produce on unit of good Y. 7. Equation can be used to represent this country's production possibility frontier.

A 100 = 2X + 3Y

B) 100 = 2X - 3Y

C) 100 = 0.5X + 0.3333Y

D) 100 = 0.5X - 0.3333Y

Reference no: EM133078365

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