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Madeleine Allows Herself $100 Per Month for Purchasing Coffee

Question 94

Multiple Choice

Madeleine allows herself $100 per month for purchasing coffee.The diagram below illustrates the choices available to her in each month. Madeleine allows herself $100 per month for purchasing coffee.The diagram below illustrates the choices available to her in each month. FIGURE 1-3 Refer to Figure 1-3.For Madeleine,the opportunity cost of one latte is A) 1/4 of a regular coffee. B) 1/4 of a latte. C) 8 regular coffees. D) 80 regular coffees. E) 4 regular coffees. FIGURE 1-3 Refer to Figure 1-3.For Madeleine,the opportunity cost of one latte is


A) 1/4 of a regular coffee.
B) 1/4 of a latte.
C) 8 regular coffees.
D) 80 regular coffees.
E) 4 regular coffees.

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