{"id":4770,"date":"2017-07-01T02:48:40","date_gmt":"2017-07-01T02:48:40","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/chapter\/problem-set-budget-constraints-and-opportunity-cost\/"},"modified":"2024-04-26T00:55:25","modified_gmt":"2024-04-26T00:55:25","slug":"learn-by-doing-budget-constraints-and-opportunity-cost","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/chapter\/learn-by-doing-budget-constraints-and-opportunity-cost\/","title":{"raw":"Learn By Doing: Budget Constraints and Opportunity Cost","rendered":"Learn By Doing: Budget Constraints and Opportunity Cost"},"content":{"raw":"<div class=\"textbox tryit\">\r\n<h3>Try It<\/h3>\r\nRather than have you read more about budget constraints and opportunity costs, we'd prefer to have you practice what you've done so far and see for yourself if you understand it.\r\n\r\nThese questions allow you to get as much practice as you need, as you can click the link at the top of the first question (\u201cTry another version of these questions\u201d) to get a new version of the questions. Practice until you feel comfortable doing these questions.\r\n\r\nNote that you'll use the information provided in the first question for all of the questions on this page.\r\n\r\n[ohm_question sameseed=0 height=\"2250\" hide_question_numbers=1]269350[\/ohm_question]\r\n\r\n<\/div>","rendered":"<div class=\"textbox tryit\">\n<h3>Try It<\/h3>\n<p>Rather than have you read more about budget constraints and opportunity costs, we&#8217;d prefer to have you practice what you&#8217;ve done so far and see for yourself if you understand it.<\/p>\n<p>These questions allow you to get as much practice as you need, as you can click the link at the top of the first question (\u201cTry another version of these questions\u201d) to get a new version of the questions. Practice until you feel comfortable doing these questions.<\/p>\n<p>Note that you&#8217;ll use the information provided in the first question for all of the questions on this page.<\/p>\n<p><iframe loading=\"lazy\" id=\"ohm269350\" class=\"resizable\" src=\"https:\/\/ohm.lumenlearning.com\/multiembedq.php?id=269350&theme=oea&iframe_resize_id=ohm269350&sameseed=1\" width=\"100%\" height=\"2250\"><\/iframe><\/p>\n<\/div>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-4770\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Learn By Doing: Budget Constraints and Opportunity Cost. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":29,"menu_order":5,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Learn By Doing: Budget Constraints and Opportunity Cost\",\"author\":\"\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"7393f3cd-aa13-49f6-bc3f-129d3097cc61, 20eaace0-ca12-4c14-836e-9960996e3de6, cbeb00fe-6ace-4b44-b8b3-6547a6d88631","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-4770","chapter","type-chapter","status-publish","hentry"],"part":4734,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/4770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/users\/29"}],"version-history":[{"count":19,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/4770\/revisions"}],"predecessor-version":[{"id":12795,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/4770\/revisions\/12795"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/parts\/4734"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/4770\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/media?parent=4770"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapter-type?post=4770"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/contributor?post=4770"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/license?post=4770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}