What Is The Opportunity Cost Of One More Candy Bar
Camila Farah
The opportunity cost of 1 more candy bar is 5 music downloads.
The opportunity cost of one more bag of peanuts is 2 candy bars. The purchase of 1 more music download at 1 per download requires the sacrifice of 2 candy bars at 50 cents each. Suppose you won 15 on a lotto ticket at the local 7 eleven and decided to spend all the winnings on candy bars and bags of peanuts. They can be found by comparing any two of the consumption alternatives for the two goods.
It only tells you what is possible. Candy bars 0 4 8 12 16 20 bags of peanuts 10 8 6 4 2 0 what is the slope of the budget line. C how in general would you decide which of the available combinations of candy bars and bags of peanuts to buy. What is the opportunity cost of one more candy bar.
Does the budget line tell you which of the available combinations of candy bars and bags of peanuts to buy. The cost can be found as the price of a download divided by the price of a candy bar. What is the opportunity cost of one more candy bar. What is the opportunity cost of one more candy bar.
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What is the opportunity cost of one more candy bar. Bags of peanuts do these opportunity costs rise fall or remain constant as additional units are purchased. Click to select c. One more bag of peanuts is 2 candy bars.
They can be found by comparing any two of the consumption alternatives for the two goods. The opportunity cost of one more candy bar is 0 5 bag of peanut. Do these opportunity costs rise fall or remain constant as each additional unit of the product is purchased. Complete the table below gray shaded cells showing the alternative combinations of the two products that are available.
That number is 2. Candy bars 0 4 8 12 16 20 bags of peanuts 10 8 6 4 2 0 b. Suppose you won 15 on a lotto ticket at the local 7 eleven and decided to spend all the winnings on candy bars and bags of peanuts. Candy bars cost 0 75 each while bags of peanuts cost 1 50 each.
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0 5 bag s of peanuts what is the opportunity cost of one more bag of peanuts. These opportunity costs are constant. The opportunity cost of one more bag of peanuts is 2 candy bars. Do these opportunity costs rise fall or remain constant as additional units are purchased.
These opportunity costs remain constant as additional units are purchased.
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