Madeleine allows herself $100 per month for purchasing coffee.The diagram below illustrates the choices available to her in each month. FIGURE 1-3
-Refer to Figure 1-3.For Madeleine,the opportunity cost of one regular coffee is
A)1/4 of a regular coffee.
B)20 lattes.
C)4 lattes.
D)1/4 of a latte.
E)80 lattes.

Question

Madeleine allows herself $100 per month for purchasing coffee.The diagram below illustrates the choices available to her in each month.  FIGURE 1-3
-Refer to Figure 1-3.For Madeleine,the opportunity cost of one regular coffee is
A)1/4 of a regular coffee. 
B)20 lattes. 
C)4 lattes. 
D)1/4 of a latte. 
E)80 lattes.

Quizplus · Accepted Answer

The Answer of Madeleine allows herself $100 per month for purchasing coffee.The diagram below illustrates the choices available to her in each month.  FIGURE 1-3
-Refer to Figure 1-3.For Madeleine,the opportunity cost of one regular coffee is
A)1/4 of a regular coffee. 
B)20 lattes. 
C)4 lattes. 
D)1/4 of a latte. 
E)80 lattes.

Madeleine Allows Herself $100 Per Month for Purchasing Coffee