Marc has a budget of 20 a month to spend on root beer and, Microeconomics

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Marc has a budget of 20 a month to spend on root beer and

Quesiton: Marc has a budget of $20 a month to spend on root beer and DVDs. The price of root beer is $5 a bottle, and the price of a DVD is $10.

What is the relative price of root beer in terms of DVDs?

What is the opportunity cost of a bottle of root beer?

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Microeconomics: Marc has a budget of 20 a month to spend on root beer and

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Microeconomics: Marc has a budget of 20 a month to spend on root beer and

Reference No:- TGS02909171

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