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Chapter 2: 27 (page 44)

What is Marie鈥檚 opportunity cost of purchasing a pie?

Short Answer

Expert verified

Marie鈥檚 opportunity cost of purchasing a pie is 3.

Step by step solution

01

Concept Introduction

Opportunity cost means the cost of the next best thing you show up whenever you create a decision.

02

Explanation 

Let us consider the problem 26of this textbook, the grade of the financial plan control contacted to be-3. he opportunity cost of purchasing a pie is the complete worth of the grade of the spending plan line. Consequently Marie's opportunity cost of buying a pie is 3.

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