Assume Larry's budget constraint is represented by line B in the graph shown. His opportunity cost of one gallon of milk is:
A)6 cases of soda.
B)exactly one case of soda.
C)less than one case of soda.
D)more than one case of soda.

Question

Assume Larry's budget constraint is represented by line B in the graph shown. His opportunity cost of one gallon of milk is:
A)6 cases of soda. 
B)exactly one case of soda. 
C)less than one case of soda. 
D)more than one case of soda.

Quizplus · Accepted Answer

The Answer of  Assume Larry's budget constraint is represented by line B in the graph shown. His opportunity cost of one gallon of milk is:
A)6 cases of soda. 
B)exactly one case of soda. 
C)less than one case of soda. 
D)more than one case of soda.

Assume Larry's Budget Constraint Is Represented by Line B in the Graph