What is the opportunity cost of a smoothie


Problem

Sara's income is $12 a week. The price of popcorn is $3 a bag, and the price of a smoothie is $3. Calculate Sara's real income in terms of smoothies. Calculate her real income in terms of popcorn. What is the relative price of smoothies in terms of popcorn? What is the opportunity cost of a smoothie?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the opportunity cost of a smoothie
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