(Answered) Suppose you won 15 on a lotto ticket at the local 7-eleven

Economics

Suppose you won $15 on a lotto ticket at the local 7-Eleven and decided to spend all the winnings on candy bars and bags of peanuts. The price of candy bars is $.75 and the price of peanuts is $1.50.

What is the opportunity cost of one more candy bar? One more bag of peanut? Do these opportunity cost remain the same when you purchase more of the products? Why?

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Macroeconomics, Economics

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