With a Budget of $500 000,a School Board Can Choose

question 114

Multiple Choice

With a budget of $500 000,a school board can choose to purchase 20 000 textbooks or 2000 laptop computers (or some intermediate combination) for use in classrooms. FIGURE 1-2
-Refer to Figure 1-2.For the school board,what is the opportunity cost of one additional textbook?

• A)2000 laptops
• B)1000 laptops
• C)1/100 of a laptop
• D)1/1000 of a laptop
• E)1/10 of a laptop

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Definitions:

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The application of theoretical and practical knowledge by healthcare professionals to diagnose, treat, and care for patients.

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A person or entity that acts as an intermediary, arranging transactions or negotiations between two parties.

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