This Graph Shows Three Different Budget Constraints: A,B,andC

question 6

Multiple Choice

This graph shows three different budget constraints: A,B,andC.

If Larry has budget constraint B in the graph shown,what is his opportunity cost of one gallon of milk?

• A)It is the amount of soda he can't buy if he uses the money to buy a gallon of milk.
• B)It is the amount of soda he could buy with the dollars it takes to buy one gallon of milk.
• C)It is less than one case of soda.
• D)All of these are true.

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Definitions:

Appropriate Compensation

Fair and suitable remuneration or other forms of reward given to employees or individuals for their work or injury.

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The total expenditure on health services and products within a country, including personal health care and public health services.

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A healthcare profession that uses physical methods, such as exercise and manipulation, to promote healing and wellbeing.