Exhibit 3-15 
-Refer to Exhibit 3-15. Moving from Point C to Point D, what is the opportunity cost of producing a mountain bike?
Definitions:
Department of Agriculture
A government agency responsible for developing and executing federal laws related to farming, forestry, rural economic development, and food.
Government Transfer Program
A system where the government redistributes income, often to support the poor, elderly, or unemployed, through benefits or subsidies.
SNAP Program
A federal aid program in the United States that provides food-purchasing assistance for low and no-income people.
Low-Income Families
Households earning significantly below the median income level, often facing financial hardship and limited access to resources.
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