Exhibit 11.3

-Refer to Exhibit 11.3,which shows the demand and supply curves of a resource.The opportunity cost of the resource in equilibrium equals _____
A)$40.
B)$60.
C)$100.
D)$700.
E)$300.

Question

Exhibit 11.3
 
-Refer to Exhibit 11.3,which shows the demand and supply curves of a resource.The opportunity cost of the resource in equilibrium equals _____
A)$40. 
B)$60. 
C)$100. 
D)$700. 
E)$300.

Quizplus · Accepted Answer

The Answer of Exhibit 11.3
 
-Refer to Exhibit 11.3,which shows the demand and supply curves of a resource.The opportunity cost of the resource in equilibrium equals _____
A)$40. 
B)$60. 
C)$100. 
D)$700. 
E)$300.

Exhibit 11.3 -Refer to Exhibit 11.3,which Shows the Demand and Supply Curves