On a typical budget constraint, the opportunity cost of food in terms of shelter is
A. Ps/Pf
B. the inverse of the opportunity cost of shelter in terms of food
C. zero
D. Pf/Ps
Answer: C. zero
On a typical budget constraint, the opportunity cost of food in terms of shelter is
A. Ps/Pf
B. the inverse of the opportunity cost of shelter in terms of food
C. zero
D. Pf/Ps
Answer: C. zero