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Suppose youre planning to travel the world in 2021. At the same time, you have a one-year overseas job opportunity for 2021 worth $70,000. Another
Suppose youre planning to travel the world in 2021. At the same time, you have a one-year overseas job opportunity for 2021 worth $70,000. Another possibility, if you run your own farm in Texas, you will get a net profit of $90,000 for 2021. What is your opportunity cost associated with travel in 2021?
70,000
90,000
160,000
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