Solved

Suppose You Own a Courier Service and You Use Two

Question 74

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 B vehicle? A) 0 B) 3/5 of a Model A vehicle C) 5/3 of a Model A vehicle D) 5 Model A vehicles E) 3 Model A 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 B vehicle? A) 0 B) 3/5 of a Model A vehicle C) 5/3 of a Model A vehicle D) 5 Model A vehicles E) 3 Model A vehicles for the purchase of new vehicles.What is the opportunity cost of one Model B vehicle?


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

Correct Answer:

verifed

Verified

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

Related Questions

Q69: With a budget of $500 000,a school

Q70: Which of the following statements best describes

Q71: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7713/.jpg" alt=" FIGURE 1-5 Refer

Q72: Which of the following has most contributed

Q73: Suppose Andrea has a job that pays

Q75: Scarcity is likely to be<br>A)a problem that

Q76: In command economies,economic behaviour is<br>A)largely determined by

Q77: Consider a production possibilities boundary showing the

Q78: Which of the following statements best describes

Q79: A straight-line production possibilities boundary differs from