a budget of honth to spend on root The price root be $3 a bottle, and price a DVD is S3. What is the relative price of root beer in terms of DVDS and what is the opportunity cost of a bottle of root beer? The relative price of root beer in terms of DVDS is O A. 1.0 DVD per bottle O B. 3.0 bottles of root beer Ос. 512 O D. $3 The opportunity cost of a bottle of root beer is O A. 1.0 bottle of root beer О В. 1.0 OC. 4 DVDS O D. $3

a budget of honth to spend on root The price root be $3 a bottle, and price a DVD is S3. What is the relative price of root beer in terms of DVDS and what is the opportunity cost of a bottle of root beer? The relative price of root beer in terms of DVDS is O A. 1.0 DVD per bottle O B. 3.0 bottles of root beer Ос. 512 O D. $3 The opportunity cost of a bottle of root beer is O A. 1.0 bottle of root beer О В. 1.0 OC. 4 DVDS O D. $3

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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