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Namsa has $100 and she is considering two options: Option A is to buy a new video game for $60, and Option B is to
Namsa has $100 and she is considering two options: Option A is to buy a new video game for $60, and Option B is to save the money in a bank account with a 5% interest rate. What economic concept helps Namsa understand the value of the foregone interest income if she chooses Option A? Sunk Cost Marginal cost Opportunity Cost Explicit Cost
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