Assume That a Consumer Has a Given Budget or Income

Multiple Choice

Assume that a consumer has a given budget or income of $10 and that she can buy only two goods, apples or bananas. The price of an apple is $1.00 and the price of a banana is $0.50. For this consumer, the opportunity cost of buying one more apple is

A) 0.5 of a banana.
B) 0.1 of a banana.
C) 1 banana.
D) 2 bananas.