They could each decide to work a few extra hours on, Ask an Expert

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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?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9157087

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