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Michael earns $50 an hour at work. He could watch a 2 hour movie at the movie theater for $20. He decides to watch the
Michael earns $50 an hour at work. He could watch a 2 hour movie at the movie theater for $20. He decides to watch the movie. What his opportunity cost for watching the movie? $50 B $70 $20 D Not enough information provided
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
11th edition
978-0078021718
