Assume That a Consumer Has a Given Budget or Income

question 95

Multiple Choice

Assume that a consumer has a given budget or income of $10 and that she can buy only two goods, apples or bananas. The price of an apple is $1.00 and the price of a banana is $0.50. For this consumer, the opportunity cost of buying one more apple is

• A)0.5 of a banana.
• B)0.1 of a banana.
• C)1 banana.
• D)2 bananas.

---

Definitions:

Staphylococcal Meningitis

An infection of the protective membranes covering the brain and spinal cord caused by Staphylococcus bacteria.

Chronic Pain

Persistent or recurring pain lasting longer than three to six months, often resistant to medical treatment.

Chronic Pain Syndrome

A complex condition where individuals experience persistent pain that lasts for weeks to years and affects their daily living.

Post-Thoracotomy Pain

Persistent pain that occurs after thoracic surgery.