d. Now suppose that faculty care about basketball every bit as much as students. Unlike students, however,
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d. Now suppose that faculty care about basketball every bit as much as students. Unlike students, however, faculty have an opportunity cost of time equal to $100 per hour. Will any faculty attend basketball games under the policy in
(b) (assuming students are not allowed to sell tickets to the faculty)?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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