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You bought two new CDs with the last $30 in your checking account, and your next payday is on Monday. What is the opportunity cost of these CDs?

the difference between the cost to produce the CDs and the price you paid for them
spending $30 on two new CDs
spending $30 on dinner and a movie with your friends this Saturday night
knowing you are the first of your friends to have these CDs

Microeconomics, Economics

  • Category:- Microeconomics
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