Table 1 O search The table shows the maximum quantities of goods X and Y that this economy can produce with different quantities of labour. Assume this economy has 80 hours of labour per week it can use to produce goods X and Y. C. Labour Quantity Quantity hours produced of X oroduced of Y 0 20 40 60 SO 4 8 12 16 Refer to Table 1. What is true about this economy? Select all options that you think are correct. More than one option may be correct. None of the options may be correct. 0 10 20 30 40 a. This economy can produce 12 units of X and 30 units of Y; but it cannot produce 12 units of X and 10 units of Y. This economy's production is efficient when it produced 8 units of X and 20 units of Y; but it is inefficient when it produces 4 units of X and 10 units of Y This economy faces a trade-off between producing 8 units of X and 20 units of Y. O

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