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    Exam 7: Consumer Behavior
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    Assume Larry's Budget Constraint Is Represented by Line B in the Graph
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Assume Larry's Budget Constraint Is Represented by Line B in the Graph

Question 76

Question 76

Multiple Choice

  Assume Larry's budget constraint is represented by line B in the graph shown. His opportunity cost of one gallon of milk is: A) 6 cases of soda. B) exactly one case of soda. C) less than one case of soda. D) more than one case of soda. Assume Larry's budget constraint is represented by line B in the graph shown. His opportunity cost of one gallon of milk is:


A) 6 cases of soda.
B) exactly one case of soda.
C) less than one case of soda.
D) more than one case of soda.

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