Multiple Choice
Madeleine allows herself $100 per month for purchasing coffee. The diagram below illustrates the choices available to her. FIGURE 1- 2
-Refer to Figure 1- 2. For Madeleine, the opportunity cost of one latte is
A) 1/4 of a latte.
B) 1/4 of a regular coffee.
C) 8 regular coffees.
D) 4 regular coffees.
E) 80 regular coffees.
Correct Answer:

Verified
Correct Answer:
Verified
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