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  • Opportunity Cost - Mathematical Example (Graphing)

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    Jerome Salazar Caballero
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    Opportunity Cost - Mathematical Example (Graphing)

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    Opportunity Cost - Mathematical Example (Graphing)

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views1 page

    Opportunity Cost - Mathematical Example (Graphing)

    Uploaded by

    Jerome Salazar Caballero
    Opportunity Cost - Mathematical Example (Graphing)

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Suppose Y = Php 160/day

    Coke = Php 10.00/unit


    Hamburger = Php 20.00/unit
    - How many units of coke and hamburger will you purchase?
    - Plot your combinations in a single graph and show your opportunity cost. Label your graph.
    - What is the rate of exchange?

    Coke = 16 units (Php 160 [16x10])
    Hamburger = 8 units (Php 160 [8x20])
    Rate of exchange is 4:2 or 2:4

    Coke/unit
    16



    12 A (2, 12)

    O.C.
    8 B (4, 8)


    4

    0 2 4 6 8 Hamburger/unit

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