. Suppose Max has $100 to spend on chocolate bars and diet cokes. The price of chocolate bars is $1. The first 10 diet cokes cost $2 each but every diet coke after that is only $0.50 each.

1 (a) Draw the budget set. (b) In total, Max can purchase 170 diet cokes. What is the opportunity cost for the i. first diet coke? ii. 10th diet coke? iii. 11th diet coke? iv. 170th diet coke?