Question: Exhibit 2 7 . Use Exhibit 2 . Point F is the output combination of 5 0 0 cars and 6 0 houses. Which of

Exhibit 2
7. Use Exhibit 2. Point F is the output combination of 500 cars and 60 houses. Which of the following is (are) correct?
(x) The opportunity cost of the first 500 cars is 40 houses and the opportunity cost of the first 60 houses is 300 cars.
(y) The opportunity cost of the 40 th house is more than 4.8 cars but less than 5.2 cars and the opportunity cost of the 70 th house is greater than 12 cars but less than 13 cars.
(z) The opportunity cost of the 300 th car is more than 0.076 house but less than 0.082 house and the opportunity cost of the 600 th car is more than 0.18 house but less than 0.21 house.
A.(x),(y) and (z)
B.(x) and (y), only
C.(x) and (z), only
D.(y) and (z), only
E.(x) only
Exhibit 2 7 . Use Exhibit 2 . Point F is the

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