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Suppose You Own a Courier Service and You Use Two

Question 115

Multiple Choice

Suppose you own a courier service and you use two types of delivery vehicles - Model A,which costs $30 000 to purchase,and Model B,which costs $50 000 to purchase.You have a budget of $300 000 for the purchase of new vehicles.What is the opportunity cost of one Model B vehicle?


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

Correct Answer:

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