Multiple Choice
An ice cream cone costs $1.50. A can of soda costs $0.75. The relative price of an ice cream cone is
A) $1.50, the opportunity cost of a can of soda.
B) $0.75, the opportunity cost of a can of soda.
C) 1/2 can of soda, the opportunity cost of an ice cream cone.
D) 2 cans of soda, the opportunity cost of an ice cream cone.
Correct Answer:

Verified
Correct Answer:
Verified
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