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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 25
A shopkeeper explains to you that she keeps down the cost of running her business because her husband and sister work in the shop for free. Are her workers really free? Explain why or why not.
Explanation
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Opportunity cost:
Opportunity cost refe...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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