Solved

Suppose You Own a Courier Service and You Use Two

Question 48

Multiple Choice

Suppose you own a courier service and you use two types of delivery vehicles - Model A,which costs Suppose you own a courier service and you use two types of delivery vehicles - Model A,which costs to purchase,and Model B,which costs $50 000 to purchase.You have a budget of for the purchase of new vehicles.What is the opportunity cost of one Model A vehicle? A) 0 B) 3/5 of a Model B vehicle C) 5/3 of Model B vehicle D) 5 Model B vehicles E) 3 Model B vehicles to purchase,and Model B,which costs $50 000 to purchase.You have a budget of Suppose you own a courier service and you use two types of delivery vehicles - Model A,which costs to purchase,and Model B,which costs $50 000 to purchase.You have a budget of for the purchase of new vehicles.What is the opportunity cost of one Model A vehicle? A) 0 B) 3/5 of a Model B vehicle C) 5/3 of Model B vehicle D) 5 Model B vehicles E) 3 Model B vehicles for the purchase of new vehicles.What is the opportunity cost of one Model A vehicle?


A) 0
B) 3/5 of a Model B vehicle
C) 5/3 of Model B vehicle
D) 5 Model B vehicles
E) 3 Model B vehicles

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q43: Figure 1-7 shows the production possibilities boundary

Q44: The diagram below shows two production possibilities

Q45: Which of the following is NOT considered

Q46: Consider Canada's production possibilities boundary.Suppose fire destroys

Q47: With a budget of $500 000,a school

Q49: The diagram below shows two production possibilities

Q50: With a budget of $200 million,the government

Q51: The diagram below shows two production possibilities

Q52: If some income earned by households is

Q53: A farmer selling tomatoes and corn at