If the relative price of a concert ticket is three times the price of a meal at a good restaurant, then the opportunity cost of a concert ticket can be measured by the
A)slope of the budget constraint.
B)slope of an indifference curve.
C)marginal rate of substitution.
D)income effect.

Question

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The Answer of If the relative price of a concert ticket is three times the price of a meal at a good restaurant, then the opportunity cost of a concert ticket can be measured by the
A)slope of the budget constraint.
B)slope of an indifference curve.
C)marginal rate of substitution.
D)income effect.

If the Relative Price of a Concert Ticket Is Three