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Suppose Juan paid $25 for a non-refundable, non-resale ticket of a special screening of Avengers: Endgame. His car broke down on the day of the
Suppose Juan paid $25 for a non-refundable, non-resale ticket of a special screening of "Avengers: Endgame". His car broke down on the day of the movie screening. Juan learns that it will cost him $15 to take Uber to the special screening. Juan is debating whether to watch the movie. According to economists, it makes sense for Juan to watch the movie if the value he receives from watching the movie exceeds at least?
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