Top Posters
Since Sunday
New Topic  
ang359 ang359
wrote...
Posts: 156
Rep: 0 0
A year ago
A consumer has a monthly income of $100 that he wants to spend on two goods: rugs priced at $10 and chairs priced at $5. What is the consumer's opportunity cost of buying a rug? What is his opportunity cost of buying a chair? Use a table to represent the consumer's budget constraint.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 55 times
1 Reply
Replies
Answer verified by a subject expert
benschmannbenschmann
wrote...
Posts: 120
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

ang359 Author
wrote...

A year ago
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

Yesterday
Thank you, thank you, thank you!
wrote...

2 hours ago
This site is awesome
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  600 People Browsing
Related Images
  
 579
  
 347
  
 306