menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 40
  4. Exam
    Exam 3: Demand and Supply
  5. Question
    The ABC Music Club Charges a Price of $8 for a Cassette
Solved

The ABC Music Club Charges a Price of $8 for a Cassette

Question 94

Question 94

Multiple Choice

The ABC Music club charges a price of $8 for a cassette and $16 for a CD. For an ABC Music Club member, the opportunity cost of a CD is


A) 1/2 a cassette.
B) 2 cassettes plus $16.
C) 2 cassettes.
D) None of the above answers is correct.

Correct Answer:

verifed

Verified

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

Related Questions

Q90: A technological improvement lowers the cost of

Q91: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -The figure illustrates

Q92: After the sugar substitute saccharin was found

Q93: The demand curve for a normal good

Q95: The "law of demand" most directly means

Q96: When we say demand increases, we mean

Q97: Which of the following pairs of goods

Q98: Which of the following shifts the demand

Q99: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -The figure above

Q488: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figures

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines