An Ice Cream Cone Costs $1

question 309

Multiple Choice

An ice cream cone costs $1.50. A can of soda costs $0.75. The relative price of an ice cream cone is

• A) $1.50, the opportunity cost of a can of soda.
• B) $0.75, the opportunity cost of a can of soda.
• C) 1/2 can of soda, the opportunity cost of an ice cream cone.
• D) 2 cans of soda, the opportunity cost of an ice cream cone.

---

Definitions:

Mortimer Mouse

A fictional character from the Disney universe, originally conceived as a rival to Mickey Mouse.

Mickey Mouse

An iconic cartoon character created by Walt Disney and Ub Iwerks in 1928, recognized as the mascot of The Walt Disney Company.

Vera Wang

An American fashion designer known for her innovative bridal gown collections and her influence on the wedding dress industry.

Neiman Marcus

Neiman Marcus is a prestigious American department store chain known for its high-end luxury goods.