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Question 20 (1 point) Again, consider the production function for omelettes, Q(x,y)=Min(x/3,y), where x and y represent eggs and tablespoons of butter respectively, and Px=2$/egg

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Question 20 (1 point) Again, consider the production function for omelettes, Q(x,y)=Min(x/3,y), where x and y represent eggs and tablespoons of butter respectively, and Px=2$/egg and Py=3$/Tbsp butter. The marginal opportunity cost MOCeggs,butter of eggs in terms of butter is Tbsp butter/egg. The Isoquant for Q = 3 and a series of isocosts are plotted below. butter Q= 2 9 * X eggs O 2/3 0 3 O 1/3 1.5

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