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book Macroeconomics 11th Edition by Michael Parkin cover

Macroeconomics 11th Edition by Michael Parkin

Edition 11ISBN: 9780133423884
book Macroeconomics 11th Edition by Michael Parkin cover

Macroeconomics 11th Edition by Michael Parkin

Edition 11ISBN: 9780133423884
Exercise 7
The night before an economics test, you decide to go to the movies instead of staying home and working your MyEconLab Study Plan. You get 50 percent on your test compared with the 70 percent that you normally score.
a. Did you face a tradeoff?
b. What was the opportunity cost of your evening at the movies
Explanation
Verified
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a. A trade off is an 'exchange'. It is c...

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Macroeconomics 11th Edition by Michael Parkin
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