S
sweettennisgirlie
Guest
Assume that a consumer has $12 in income and she can buy only two goods, apples or bananas. The price of an apple is $1.50 and the price of a banana is $0.75.
For this consumer, what is the opportunity cost of buying another apple? Why?
Thanks!
For this consumer, what is the opportunity cost of buying another apple? Why?
Thanks!