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I would like assistance with the following questions please and thank you! Suppose you own an outdoor recreation company and you want to purchase all-terrain

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I would like assistance with the following questions please and thank you! Suppose you own an outdoor recreation company and you want to purchase all-terrain vehicles (ATVs) for your summer business and snowmobiles for your winter business. Your budget for new vehicles this year is $360,000. ATVs cost $9,000 each and snowmobiles cost $12,000 each. a. Draw the budget line for your purchase of new vehicles. Use the line drawing tool to draw a budget line. Property label this line. Place end points one on horizontal and one on vertical axes. Carefully follow the instructions above, and only draw the required objects.

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'6 b. What is the opportunity cost of one ATV? Budget Line The opportunity cost of one ATV is D snowmobile(s). 10 (Round your answer to two decimal pieces.) 9 o. What is the opportunity cost of one snowmobile? The opportunity cost of one snowmobile is D ATV(s). 1 (Round your answer to two decimai places.) d. Does the opportunity cost of one ATV depend on i . 5 how many you purchase? Why or why not? The opportunity cost of one ATV depend on how many you purchase because the opportunity cost of one good for a straight-line b boundary. '; Number of Snowmobites 01

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