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You are offered the opportunity to work as a tutor in Introductory Microeconomics. Your total opportunity cost and total payments from doing different numbers of
You are offered the opportunity to work as a tutor in Introductory Microeconomics. Your total opportunity cost and total payments from doing different numbers of hours of tutorials are shown in the table below. Five hours of tutoring is the maximum possible amount. How many hours of tutoring would you choose to do each week if you are a rational decision-maker? And why?
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