You have $500. You want to spend your money on fake eyelashes and swords because you are a quirky person that has eclectic utility. A set of fake eyelashes is $2.50 and a sword is around $100.Which one of the following is NOT an optimal combination?

Question 6 options:

a.1 sword, 160 eyelashes

b.3 swords, 80 eyelashes

c.4 swords, 40 eyelashes

d.2 swords, 125 eyelashes

Question 7(1 point)

You have $500. You want to spend your money on fake eyelashes and swords because you are a quirky person that has eclectic utility. A set of fake eyelashes is $2.50 and a sword is around $100.

If you buy ONE sword, what is the opportunity cost in terms of eyelashes?

Question 7 options:

a.40 eyelashes

b.80 eyelashes

c.20 eyelashes

d.60 eyelashes

Question 8(1 point)

"The current inflation rate of the United States is at 1.9% as of May 2017." This is a positive economic statement.

Question 8 options:

a.True

b.False