Dent 'n' Scratch Used Cars and Trucks employs 3 salesmen. Data for their sales last month are shown in this table: $$\begin{array} { | l | l | l | }
\hline & \text { Cars Sold } & \text { Trucks Sold } \
\hline \text { Larry } & 10 & 5 \
\hline \text { Joe } & 9 & 9 \
\hline \text { Ralph } & 3 & 12 \
\hline
\end{array}$$ For Larry, the opportunity cost of selling a truck is:

Question

Dent 'n' Scratch Used Cars and Trucks employs 3 salesmen. Data for their sales last month are shown in this table: $$\begin{array} { | l | l | l | } 
\hline & \text { Cars Sold } & \text { Trucks Sold } \
\hline \text { Larry } & 10 & 5 \
\hline \text { Joe } & 9 & 9 \
\hline \text { Ralph } & 3 & 12 \
\hline
\end{array}$$ For Larry, the opportunity cost of selling a truck is:

Quizplus · Accepted Answer

The opportunity cost of selling a truck for Larry is the number of cars he could have sold instead. Larry sold 10 cars and 5 trucks, so his potential car sales are 10 + 5 = 15. If he sold 1 less truck, then he would have sold 4 trucks and 10 + 4 = 14 cars. The difference between 15 cars (potential sales) and 14 cars (actual sales) is 1 car. Therefore, Larry's opportunity cost of selling a truck is 1 fewer car sold, which is choice C. However, since that choice is not given, the closest answer is D, 2 fewer cars sold.

Dent 'N' Scratch Used Cars and Trucks Employs 3 Salesmen