By choosing to come to class, you know you are giving up the ability to watch television. In doing so, you are applying the concept of

Name: By choosing to come to class, you know you are giving up the ability to watch television. In doing so, you are applying the concept of
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Question

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The concept of giving up watching television to attend class can be attributed to opportunity cost, which is the value of the best alternative forgone when making a decision.

By Choosing to Come to Class, You Know You Are