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balu736 [363]
3 years ago
13

Sarah has a certain amount of money budgeted for tea and snacks during the work week, and she always aims to spend her entire bu

dget. If she spends her entire budget on tea, she can afford 40 cups of tea. If she spends her entire budget on snacks, she can afford 8 snacks. What is the opportunity cost of a snack?
Business
1 answer:
Lera25 [3.4K]3 years ago
4 0

Answer: 5 cups of tea

Explanation:

Opportunity cost is what an individual, firm or government forgoes in order to get something else. For example, an individual might have $2. A pen costs $2 likewise a notebook. If the person decides to buy the pen, the opportunity cost is the notebook which he or she did not buy.

With the money Sarah has, spending her entire budget will give her 40 cups of tea or 8 snacks. This implies that for 1 snack, the opportunity cost is (40/8) = 5 cups of tea

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Answer:

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Step-by-step explanation:

Given

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See attachment for the graph

 

Required  

Determine the change in f(x) that gives the dashed line

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From the attachment, there is only one transformation from f(x) to the g(x).

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