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Fred Has Decided to Buy a Burger and Fries at a Restaurant

Question 14

Multiple Choice

Fred 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 $3, fries are $2, and drinks are $1, but a value meal with all three costs $4.80, the marginal cost to Ted of the drink is:


A) ​$-0.20
B) ​$0.20
C) ​$0.80
D) ​$1.00

Correct Answer:

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