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Lately, you have considered purchasing a new couch for your living room. Currently, you are using a couch that you paid $100, but the sofa
Lately, you have considered purchasing a new couch for your living room. Currently, you are using a couch that you paid $100, but the sofa is slowly breaking off into pieces. You found a couch at a local store for $950 that you are really considering purchasing. In this decision, do you have any opportunity costs? If so, should this cost be relevant to your decision to purchase a new couch
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