Learn By Doing: Budget Constraints and Opportunity Cost

Try It

Rather 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.

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 (“Try another version of these questions”) to get a new version of the questions. Practice until you feel comfortable doing these questions.

Note that you’ll use the information provided in the first question for all of the questions on this page.