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    Principles of Microeconomics
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    Exam 21: The Theory of Consumer Choice
  5. Question
    Refer to Scenario 21-1 in Your Textbook
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Refer to Scenario 21-1 in Your Textbook

Question 26

Question 26

Multiple Choice

Refer to Scenario 21-1 in your textbook.What is the implicit price that Fred pays for the satisfaction derived from playing an hour of volleyball


A) $0.00
B) $37.50
C) $85.00
D) $150.00

Correct Answer:

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