Solved

Suppose You Own a Courier Service and You Use Two

Question 27

Multiple Choice

Suppose you own a courier service and you use two types of delivery vehicles - Model A,which costs Suppose you own a courier service and you use two types of delivery vehicles - Model A,which costs   to purchase,and Model B,which costs $50 000 to purchase.You have a budget of   for the purchase of new vehicles.What is the opportunity cost of one Model A vehicle? A) 0 B) 3/5 of a Model B vehicle C) 5/3 of Model B vehicle D) 5 Model B vehicles E) 3 Model B vehicles to purchase,and Model B,which costs $50 000 to purchase.You have a budget of Suppose you own a courier service and you use two types of delivery vehicles - Model A,which costs   to purchase,and Model B,which costs $50 000 to purchase.You have a budget of   for the purchase of new vehicles.What is the opportunity cost of one Model A vehicle? A) 0 B) 3/5 of a Model B vehicle C) 5/3 of Model B vehicle D) 5 Model B vehicles E) 3 Model B vehicles for the purchase of new vehicles.What is the opportunity cost of one Model A vehicle?


A) 0
B) 3/5 of a Model B vehicle
C) 5/3 of Model B vehicle
D) 5 Model B vehicles
E) 3 Model B vehicles

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents