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Opportunity Costs: Suppose you purchased a second house for $2M in the past. Since the date of purchase, the price has gone up so that
Opportunity Costs: Suppose you purchased a second house for $2M in the past. Since the date of purchase, the price has gone up so that it is worth $2.2M. You have two alternatives to make use of the house: rent the house to a tenant resell the house. What is the opportunity cost of renting the house out? $____M (Enter only one decimal place)
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