4. Which of the following situations is explained by increasing opportunity costs? a. More people go to
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4. Which of the following situations is explained by increasing opportunity costs?
a. More people go to college when the job market is good.
b. More people do their own home repairs when hourly wages fall.
c. There are more parks in crowded cities than in suburban areas.
d. Convenience stores cater to busy people.
e. People with higher wages are more likely to mow their own lawns.
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