PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
7th Edition
ISBN: 9781260110920
Author: Frank
Publisher: MCG
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Question
Chapter 1, Problem 1RQ
To determine
Explain the statement ‘the private classes are better than the group classes’.
Expert Solution & Answer
Explanation of Solution
In general, the benefits from private lessons are greater than attending group lessons. People those who do not care about the time of learning tennis will attend group lessons and spend what they save on other things. Thus, the private lessons are more costly than group lessons.
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Chapter 1 Solutions
PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
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