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Question: The night before an economics test, you decide to go to the movies instead of staying home and working your My Econ Lab Study Plan. You get 50 percent on your test compared with the 70 percent that you normally score.

a. Did you face a tradeoff?

b. What was the opportunity cost of your evening at the movies?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93100781

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