Problem Set: Budget Constraints and Opportunity Cost

Test your understanding of the learning outcomes in this module by working through the following problems. These problems aren’t graded, but they give you a chance to practice before taking the quiz.

If you’d like to try a problem again, you can click the link that reads, “Try another version of these questions.”

Use the information provided in the first question for all of the questions in this problem set.

https://www.myopenmath.com/multiembedq.php?id=92586-92658-92659-92661-92663-92664-92665-92666-92667&sameseed=1&theme=oea&iframe_resize_id=mom3

License

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ACC Principles of Microeconomics by Lumen Learning is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.