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With a Budget of $500 000,a School Board Can Choose

Question 114

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With a budget of $500 000,a school board can choose to purchase 20 000 textbooks or 2000 laptop computers (or some intermediate combination) for use in classrooms. With a budget of $500 000,a school board can choose to purchase 20 000 textbooks or 2000 laptop computers (or some intermediate combination) for use in classrooms. FIGURE 1-2 -Refer to Figure 1-2.For the school board,what is the opportunity cost of one additional textbook? A) 2000 laptops B) 1000 laptops C) 1/100 of a laptop D) 1/1000 of a laptop E) 1/10 of a laptop FIGURE 1-2
-Refer to Figure 1-2.For the school board,what is the opportunity cost of one additional textbook?


A) 2000 laptops
B) 1000 laptops
C) 1/100 of a laptop
D) 1/1000 of a laptop
E) 1/10 of a laptop

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