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Posted: June 15th, 2022
Santa Clara ECON 401 – Suppose you paid $300 to take an economics course
Suppose you paid $300 to take an economics course, which meets 30 times for one hour a class, during the course of the semester.Instead of attending class, you could have either flipped hamburgers for $8 an hour or waited tables for $5 an hour.Given this information, the opportunity cost of attending each class session is:
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