In looking at the diagram above, if the consumer has an income of $40, then the absolute price of a banana is and the opportunity cost of a banana is Apples 20 10 Bananas 15 20 $20; 40 apples O $1; 2...


In looking at the diagram above, if the consumer has an income of $40, then the absolute<br>price of a banana is<br>and the opportunity cost of a banana is<br>Apples<br>20<br>10<br>Bananas<br>15<br>20<br>$20; 40 apples<br>O $1; 2 bananas<br>O $2; 2 apples<br>$2; 0.5 apples<br>

Extracted text: In looking at the diagram above, if the consumer has an income of $40, then the absolute price of a banana is and the opportunity cost of a banana is Apples 20 10 Bananas 15 20 $20; 40 apples O $1; 2 bananas O $2; 2 apples $2; 0.5 apples

Jun 08, 2022
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