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ECON 213 Problem Set chapter 1 Answers Liberty University Update!
Textbook notes • 9
pages
• 2020
ECON 213 Problem Set chapter 1 Answers Liberty University Update!

You recently got a job as an usher at the nearby movie theater. Last night, you had the opportunity to work but decided to take your very first vacation day. Suppose you could have earned $8 per hour for three hours of work. Instead, you went to a movie yourself, where you spent $12 on a ticket and popcorn. 

Your opportunity cost to see the movie was $

Think about a country where most economic production results in a ground-sh...
ECON 213 Problem Set chapter 1 Answers Liberty University Update!
Last document update:
ago
ECON 213 Problem Set chapter 1 Answers Liberty University Update!

You recently got a job as an usher at the nearby movie theater. Last night, you had the opportunity to work but decided to take your very first vacation day. Suppose you could have earned $8 per hour for three hours of work. Instead, you went to a movie yourself, where you spent $12 on a ticket and popcorn. 

Your opportunity cost to see the movie was $

Think about a country where most economic production results in a ground-sh...
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