The Taco Hut Charges the Same Price for Everything on Its

question 195

Multiple Choice

The Taco Hut charges the same price for everything on its menu: $3 will buy a taco,a burrito,or nachos.You buy the taco and think that if you had not purchased the taco,you would have purchased the burrito.The opportunity cost of the taco is:

• A)$3.
• B)your enjoyment of the burrito.
• C)$3 and your enjoyment of the burrito.
• D)$3,your enjoyment of the burrito,and your enjoyment of the nachos.

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Definitions:

Time of Attachment

The specific moment at which an interest in property becomes legally enforceable against other parties.

Amount of the Claim

The total sum of money that is being requested or is due in a billing or legal claim.

Custom in the Trade

Established practices and standards widely recognized and accepted within a particular industry.

Judicial Remedy

Legal means through which a court enforces a right, imposes a penalty, or makes another court order to impose its will.