Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dylan Enjoys ramen noodles and music downloads. His monthly budget for these two items is 18 dollars . If the price of a package of

Dylan Enjoys ramen noodles and music downloads. His monthly budget for these two items is 18 dollars . If the price of a package of ramen noodle is $1.17 and the price of a music download is $0.88, What is Dylan's opportunity cost of a music download? ( Round your answer to the nearest tenth . For example : 1.4 )

Please be specific with the answer

I am not sure if the answer is 0.75 Or. 1.33 Rounding to the nearest tenth

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting Foundations and Evolutions

Authors: Michael R. Kinney, Cecily A. Raiborn

9th edition

9781285401072, 1111971722, 1285401077, 978-1111971724

Students also viewed these Economics questions