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Both a college student and a well - known attorney want to attend the Dodger game on Friday night. The college student waits in line
Both a college student and a wellknown attorney want to attend the Dodger game on Friday night. The college student waits in line for hours to purchase a ticket to the game and pays a relatively low money price. The attorney does not wait in line. Rather than spend hours in line, the attorney purchases his ticket through a ticket broker, paying a much higher money price than the college student. Using the economic concept of opportunity cost, explain why the attorney and the student use different ways to buy their tickets.
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