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A restaurant patron has a coupon for a free dessert. The choices are apple pie, lemon sorbet, chocolate brownie cake, and creme brulee. The patron's
A restaurant patron has a coupon for a free dessert. The choices are apple pie, lemon sorbet, chocolate brownie cake, and creme brulee. The patron's first choice would be the cake, and the second choice would be the pie. What is the opportunity cost of choosing the pie? Dollar value of the pie Missing out on the cake Missing out on the sorbet Combined dollar value of the cake, sorbet and creme brulee
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