a city government received a $1 million grant to build swimming pools and skating rinks for youth. based on the data provided in the graph, what is the opportunity cost of building one swimming pool?

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04-10-2021
Physics

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a city government received a $1 million grant to build swimming pools and skating rinks for youth. based on the data provided in the graph, what is the opportunity cost of building one swimming pool?

Sagot :

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okpalawalter8 okpalawalter8 · Answer 1 · 2021-10-18T09:50:49-04:00

We have that for the Question "A city government received a $1 million grant to build swimming pools and skating rinks for youth. based on the data provided in the graph, what is the opportunity cost of building one swimming pool?" it can be said that

OC=2

From the question we are told

A city government received a $1 million grant to build swimming pools and skating rinks for youth. based on the data provided in the graph, what is the opportunity cost of building one swimming pool?

Generally the equation for the Opportunity cost is mathematically given as

[tex]OC=\frac{y_1-y_2}{x_1-x_2}\\\\OC=\frac{2-0}{1-0}\\\\OC=2[/tex]

Therefore

From the graph of the question we can ascertain that Opportunity cost

OC=2

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Graph is attached below

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