10:11 Thu Feb 13 . . . * 87% AA learn.hawkeslearning.com + X Assignment Exam 1 Question 37 of 40 Step 1 of 1 | Hawkes Learning | Portal Chat Thread Submit Assignment Exam 1 DANIEL WILLIAMS Question 37 of 40 Step 1 of 1 01:20:57 Hayley has $40 in spending money each week, which she can allocate between burgers and cafe lattes. The price of burgers is $8 per burger, and the price of cafe lattes is $5 per cup. Based on this information, which statement correctly describes the opportunity cost? Select the best answer. Answer 2.5 Points Keypad Keyboard Shortcuts O The opportunity cost of a burger is 1.6 cafe lattes, and the opportunity cost of a cafe latte is 0.6 burgers . O There is no opportunity cost involved because Hayley can afford both goods with her budget. Prev Next The opportunity costs of a burger and a cafe latte are the sum of the benefits received from consuming these items. The opportunity cost of a burger is 0.6 cafe lattes, and the opportunity cost of a cafe latte is 1.6 O burgers . 2025 Hawkes Learning