LO4 1.3 Since you now have no alternative use for your coupon, the opportunity cost of using
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LO4 1.3 Since you now have no alternative use for your coupon, the opportunity cost of using it to pay for the Fort Lauderdale trip is zero. That means your economic surplus from the trip will be $1,350 $1,000 $350 0, so you should use your coupon and go to Fort Lauderdale.
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Related Book For
International Human Resource Management A Multinational Company Perspective
ISBN: 9780199258093
1st Edition
Authors: Monir Tayeb
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