Question
A consumer is considering her budget constraint for cinema tickets ( C ) and books ( B ). The price of books is $10, the
A consumer is considering her budget constraint for cinema tickets (C) and books (B). The price of books is $10, the price of cinema tickets is $5, and her income is $50. Then, her opportunity cost of books is:
a. 1/2
b. 5
c. 2
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Economics
Authors: Roger A. Arnold
13th edition
1337617385, 1337617383, 9781337670647 , 978-1337617383
