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A Student Can Spend the Next Hour Studying for a Finance

Question 497

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A student can spend the next hour studying for a finance test, hiking along the Oregon coast, watching a rerun of Buffy the Vampire Slayer on television, or napping. If the student decides to study, what is the opportunity cost of her choice: hiking, watching television, or napping?

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With the information given, it is imposs...

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