If you must make a choice about consuming two apples, three oranges, or one candybar, the opportunity cost of the candy bar isO the difference in the prices of the three options.O two apples and three oranges.O three oranges.O two apples or three oranges, whichever you most prefer.

Answer : two appled or three oranges which ever you most prefer.

Answered: If you must make a choice about…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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If you must make a choice about consuming two apples, three oranges, or one candy bar, the opportunity cost of the candy bar is the difference in the prices of the three options. two apples and three oranges. three oranges. two apples or three oranges, whichever you most prefer.