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Suppose a Cup of Coffee at the Campus Coffee Shop

Question 29

Multiple Choice

Suppose a cup of coffee at the campus coffee shop is $2.50 and a cup of hot tea is $1.25.Suppose a student's beverage budget is $20 per week.What is the market tradeoff between coffee and tea?


A) 1 coffee to 1 tea
B) 2 coffee to 1 tea
C) 1 coffee to 2 tea
D) 2 coffee to 2 tea

Correct Answer:

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