12. You and your roommate start a delivery business where you deliver restaurant meals and bags of groceries. You can deliver 20 meals or 25 bags of groceries each week. Your roommate can deliver 30 meals or 10 bags of groceries each day. What is your opportunity cost of delivering groceries? a. 0.80 restaurant meals. b. 0.80 bags of groceries. c. 1.25 restaurant meals. d. 1.25 bags of groceries.

12. You and your roommate start a delivery business where you deliver restaurant meals and bags of groceries. You can deliver 20 meals or 25 bags of groceries each week. Your roommate can deliver 30 meals or 10 bags of groceries each day. What is your opportunity cost of delivering groceries? a. 0.80 restaurant meals. b. 0.80 bags of groceries. c. 1.25 restaurant meals. d. 1.25 bags of groceries.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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