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Question 1: Think of cost as whatever you give up when you make a choice. On graduation from high school, you decided to go to

Question 1:

Think of cost as whatever you give up when you make a choice. On graduation from high school, you decided to go to college instead. Using this concept of cost, what did the decision to go to college cost you? What are you gaining?

Question 2:

In October of 2006, Toronto-based Maple Leaf Foods Inc. blamed its third-quarter loss of $22.3 million in part on the higher Canadian dollar. How might a strong Canadian dollar adversely affect Maple Leaf Foods?

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