Popcorn at the movies is $6 a bag. Candy at the movies is $2 a box. The opportunity boxes of candy. If the price of popcorn decreases to $4 a bag - there's a special sale on popcorn, then the new opportunity boxes of candy. When the price of popcorn decreased, the opportunity cost of the next best alternative (in this case, candy) was likely to purchase popcorn at the lower price. cost of one bag of popcorn is cost for a bag of popcorn is now less, therefore consumers are O A) two; three: less B) two; three; more C) three; two; less D) three; two; more
Popcorn at the movies is $6 a bag. Candy at the movies is $2 a box. The opportunity boxes of candy. If the price of popcorn decreases to $4 a bag - there's a special sale on popcorn, then the new opportunity boxes of candy. When the price of popcorn decreased, the opportunity cost of the next best alternative (in this case, candy) was likely to purchase popcorn at the lower price. cost of one bag of popcorn is cost for a bag of popcorn is now less, therefore consumers are O A) two; three: less B) two; three; more C) three; two; less D) three; two; more
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Popcorn at the movies is $6 a bag. Candy at the movies is $2 a box. The opportunity
cost of one bag of popcorn is
decreases to $4 a bag - there's a special sale on popcorn, then the new opportunity
cost for a bag of popcorn is now
decreased, the opportunity cost of the next best alternative (in this case, candy) was
less, therefore consumers are
boxes of candy. If the price of popcorn
boxes of candy. When the price of popcorn
likely to purchase popcorn at the lower price.
A)
two; three; less
B) two; three; more
C) three; two; less
D) three; two: more
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