Principles of Microeconomics (Second Edition)
Principles of Microeconomics (Second Edition)
2nd Edition
ISBN: 9780393623840
Author: Lee Coppock, Dirk Mateer
Publisher: W. W. Norton & Company
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Chapter 2, Problem 10SP
To determine

Illustrate the lines of poem that capture the opportunity cost of decision making.

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Suppose your friend ask you to go watching a movie while you are studying for an examination. what would be the opportunity cost of watching the movie? Explain your answer.
How do you evaluate your opportunity cost in terms of the alternative decisions that you have to make?
Rob decided to drive to school rather than take the school bus. What was the opportunity cost of Rob’s decision?
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