2. Analyzing Opportunity Costs Using Credit. Think about the last three major purchases you made. (Obj. 1)
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2. Analyzing Opportunity Costs Using Credit. Think about the last three major purchases you made. (Obj. 1)
a. Did you pay cash? If so, why?
b. If you paid cash, what opportunity costs were associated with the purchase?
c. Did you use credit? If so, why?
d. What were the financial and psychological opportunity costs of using credit?
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