You are watching your weight, and you have decided that you are going to consume 800 calories

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You are watching your weight, and you have decided that you are going to consume 800 calories of pizza and cheeseburgers at a party Saturday night. A slice of pizza has 200 calories, and a cheeseburger has 400 calories.

a. Create a table that shows the various combinations of pizza slices and cheeseburgers you can consume while staying within your 800-calorie “budget.” To keep things simple, use only round numbers for pizza slices and cheeseburgers (e.g., don’t worry about half portions).

b. Under these assumptions, what is the opportunity cost of a cheeseburger?

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3E Economics

ISBN: 9781292411019

3rd Global Edition

Authors: Daron Acemoglu, David Laibson , John List

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