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Share at least one real-world scenario from your own experience, or one you find in a current business publication, that illustrates Opportunity cost. Discuss how

  1. Share at least one real-world scenario from your own experience, or one you find in a current business publication, that illustrates Opportunity cost.
  2. Discuss how the scenario represents the relationship between the macro environment and individual firms/industries through microeconomic factors of demand, production, cost, and profitability.

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