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-Jane Spends Her Monthly Dining-Out Budget of $300

Question 354

Multiple Choice

-Jane spends her monthly dining-out budget of $300.00 on either steak or lobster dinners. Using the above figure, what is the opportunity cost of a lobster dinner in terms of steak dinners? A) 0.5 steak dinners per lobster dinner B) 2.0 steak dinners per lobster dinner C) 5.0 steak dinners per lobster dinner D) 10.0 steak dinners per lobster dinner
-Jane spends her monthly dining-out budget of $300.00 on either steak or lobster dinners. Using the above figure, what is the opportunity cost of a lobster dinner in terms of steak dinners?


A) 0.5 steak dinners per lobster dinner
B) 2.0 steak dinners per lobster dinner
C) 5.0 steak dinners per lobster dinner
D) 10.0 steak dinners per lobster dinner

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