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Andrei [34K]
3 years ago
15

Taylor bought 2 hotdogs and 2 sodas for $3.50. Jacob bought 3 hotdogs and 1 soda for $4.25. What is the cost of 1 soda?

SAT
1 answer:
SpyIntel [72]3 years ago
5 0
1 soda is 50 cents and not that it’s needed but one hotdog is 1.25 cents
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<h3>What is opportunity cost?</h3>

The opportunity cost refers to the alternative forgone in production. It means that it is the option that is chosen in the midst of other possibilities.

We can see from the table that in Country A, the opportunity cost of one paper clip is 1/2.

Learn more about opportunity cost: brainly.com/question/13036997

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Missing parts

If countries A and B produce only either rubber bands or paper clips, their maximum outputs are shown in the accompanying production possibilities schedules.

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