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Give an example of an opportunity cost someone might make. Explain what the benefit, profit, or value of choosing this opportunity cost might be for
- Give an example of an opportunity cost someone might make.
- Explain what the benefit, profit, or value of choosing this opportunity cost might be for this person.
- Discuss why we need to be concerned with the value of something we did not choose, as opposed to simply stating the value of the item we want to pick.
- additional research to support your ideas on this topic
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