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    Economics Principles and Policy Study Set 2
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    Exam 3: The Fundamental Economic Problem: Scarcity and Choice
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    Why Might the Money Price for Something Be Higher Than
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Why Might the Money Price for Something Be Higher Than

Question 61

Question 61

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Why might the money price for something be higher than the opportunity cost? Why might it be lower? Give an example of each to illustrate your answer.

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Money price can be higher than opportuni...

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