A simple economy produces two goods, Corn Bread and Video Games. Price and quantity data are as follows: Production and Prices in Year 1 (Base year) Quantity 125 600 Product Corn Bread Video Games Price Per Unit Production and Prices in Year 2 Quantity 156.25 900.00 Product Corn Bread Video Games $2.00 $60.00 Price Per Unit $3.00 $120.00

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