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Q1. Hello, yesterday you provided me with the solution for the below question. The answer was totally incorrect, so I think it's only fair that you provide me with a refund of $10. Below is your answer and the professor's solution.

(TCO E) A Honda Accord sells for $28,000 in the United States and for SF35, 520 in Switzerland.

Q2. A doctor earns $250,000 per year, while a professor earns $40,000. They play tennis against each other each Saturday morning, each giving up a morning of relaxing, reading the paper, and playing with their children. They could each decide to work a few extra hours on Saturday and earn more income. But they choose to play tennis or to relax around the house. Are their opportunity costs of playing tennis different?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9722278

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