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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 :

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

View image okpalawalter8