Figure 3-4
-Refer to Figure 3-4. For Ben, what is the opportunity cost of one 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 one 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 one bottle of wine for Ben is the amount of beer he has to give up to produce one more bottle of wine. From the information provided, the opportunity cost is 2 bottles of beer.

Figure 3-4 -Refer to Figure 3-4. for Ben, What Is the Opportunity