With a budget of $500 000,a school board can choose to purchase 20 000 textbooks or 2000 laptop computers (or some intermediate combination) for use in classrooms. FIGURE 1-2
-Refer to Figure 1-2.For the school board,what is the opportunity cost of one additional laptop computer?
A) 0 textbooks
B) 1/10 of a textbook
C) 10 textbooks
D) 20 textbooks
E) 2000 textbooks
Correct Answer:
Verified
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