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Suppose that if you go to university you will have to pay $20,000 in tuition, $3000 for books, and $150 for haircuts for the year.

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Suppose that if you go to university you will have to pay $20,000 in tuition, $3000 for books, and $150 for haircuts for the year. If you don't go, you could earn $30,000 working at Mcdonald's. The real cost (opportunity cost) of school is: (show your work)

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