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Economic Mini Case Questions with Answers CASE 1: LeBron James is 6'8 tall and weighs 260 pounds. As a NBA professional basketball player, he has
Economic Mini Case Questions with Answers CASE 1: LeBron James is 6'8" tall and weighs 260 pounds. As a NBA professional basketball player, he has moved multiple times from one team to another, requiring him to relocate to another city. Given his size and strength, LeBron could move his household himself. Despite the fact that he could do the work of 2 ordinary movers, he hired movers each time he moved. Why was this a wise economic decision and what economic principle applies? (CASE 1 is worth up to 5 points.)
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