Multiple Choice
Ted has decided to buy a burger and fries at a restaurant, but is considering whether to buy a drink as well.If the price of a burger is $2, fries are $1, drinks are $1, but a value meal with all three costs $3.80, the marginal cost to Ted of the drink is:
A) $0.20
B) $0.80
C) $1.00
D) $3.80
E) impossible to determine from the above information.
Correct Answer:

Verified
Correct Answer:
Verified
Q56: A country has a comparative advantage in
Q68: The opportunity cost of attending college is
Q81: The fallacy of composition states that even
Q143: The additional cost incurred as a result
Q145: If people follow the rule of rational
Q147: The marginal benefit of a slice of
Q149: The opportunity cost of an item is:<br>A)greater
Q158: Define what a market is and provide
Q161: Which of the following would be likely
Q207: Tom is a castaway who washes up