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For each of the following, describe some of the potential opportunity costs:

a. Studying for your economics test
b. Spending 2 hours playing computer games
c. Buying a new car instead of keeping the old one
d. A local community voting to raise property taxes to increase school expenditures and to reduce class size
e. A number of countries working together to build a space station
f. Going to graduate school

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M940021

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