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Economics – You Have $15 – Decide To Spend Winnings On Candy And Peanuts – Candy Is $.75 And Peanuts Is $1.50?

By antivirus software Posted in: RISING

What is the opportunity cost of one more candy bar? What is the opportunity cost of one more bag of peanuts? Do these opportunity costs rise, fall, or remain constant as each additional unit of the product is purchased?

  1. Anjaree Says

    The budget line is 15=.75Candy + 1.50 Peanut.
    The opportunity of 1 peanut = 2Candies. It will remain constant.

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