Saturday

December 20, 2014

December 20, 2014

Posted by **Jon** on Tuesday, September 12, 2006 at 1:36am.

The demand for Y is probably higher than the demand for X.

You can also generate many other mathematical models.

No

You cant infer anything about X and Y given that you only know the production levels. Now then, if you also knew, say, the prices of X and Y, or the costs of producing x and y, then you could say something.

**Answer this Question**

**Related Questions**

Calculus - As you know, Chemproc, Inc. is a premier manufacturer of chemicals ...

Economics - B. Suppose there are two goods, Cloth and Food, and two factors of ...

algebra - A simple economy consists of two industries: agriculture and ...

math - A simple economy consists of two industries: agriculture and ...

Accounting - Department E had 4,000 units in Work in Process that were 40% ...

Microeconomics - Cant find equations for solving for MP and AP. Suppose firms A ...

Ma - Autoparts Inc. produces three types of parts' assemblies: (P,Q,R)and they ...

Economics - In an economy where a unit of labour can produce either 1 unit of x ...

Math - Autoparts Inc. produces three types of parts' assemblies: (P,Q,R)and they...

finance - 3) A firm has beginning inventory of 300 units at a cost of $11 each. ...