The following graph shows the demand and supply curves of a resource. The opportunity cost of the resource in equilibrium equals _____. Figure 11.4

A)$0
B)$120
C)$1,000
D)$300
E)$1,300

Question

The following graph shows the demand and supply curves of a resource. The opportunity cost of the resource in equilibrium equals _____. Figure 11.4

A)$0 
B)$120 
C)$1,000 
D)$300 
E)$1,300

Quizplus · Accepted Answer

The Answer of The following graph shows the demand and supply curves of a resource. The opportunity cost of the resource in equilibrium equals _____. Figure 11.4

A)$0 
B)$120 
C)$1,000 
D)$300 
E)$1,300

The Following Graph Shows the Demand and Supply Curves of a Resource