\fQuestion 2 (1 point) Saved Which of the following statements correctly identifies the marginal costs for each producer? The marginal cost of producing Y is two X for producer 1 and one X for producer 2 . O The marginal cost of producing X is one Y for producer 1 and two Y for producer 2. C The marginal cost of producing X is one Y for producer 1 and two Y for producer 2. None of these answers correctly identifies the marginal costs.Question 3 (1 point) Saved If producer 2 is producing 14 units of X, then how many units of good Y can it also produce (at most)? 07. 14. O6. O 3. Question 4 (1 point) ~ Saved If producer 1 is producing 15 units of Y, then how many units of good X can it also produce (at most)?Question 7 (1 point) ~ Saved From an efficiency viewpoint, we will never want producer 1 to produce any X, unless producer 2 is producing 20 units of good X. O True O False