Figure 3-4
-Refer to Figure 3-4. For Ben, what is the opportunity cost of 1 bottle of wine?
A)1/4 bottle of beer.
B)1/2 bottle of beer.
C)2 bottles of beer.
D)4 bottles of beer.

Question

Figure 3-4  
-Refer to Figure 3-4. For Ben, what is the opportunity cost of 1 bottle of wine?
A)1/4 bottle of beer. 
B)1/2 bottle of beer. 
C)2 bottles of beer. 
D)4 bottles of beer.

Quizplus · Accepted Answer

The opportunity cost of 1 bottle of wine for Ben is 2 bottles of beer, as it represents the amount of beer he has to give up to produce one additional bottle of wine.