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Opportunity costs involve individuals looking at all the costs of making a decision. These can include current and future monetary costs, social costs, time costs,
Opportunity costs involve individuals looking at all the costs of making a decision. These can include current and future monetary costs, social costs, time costs, and health costs. Explain via the opportunity cost concept why smoking rates in the US dropped significantly in the past couple decades. Provide and explain at least three reasons why this is the case
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