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Susie Receives an Allowance from Her Parents of $10 Per

Question 7

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Susie receives an allowance from her parents of $10 per week. She spends her entire allowance on two goods: cans of hairspray and bubble gum. The price of a can of hairspray is $2 and the price of a pack of bubble gum is $1. What is the opportunity cost of a can of hairspray? What is the opportunity cost of a pack of bubble gum?

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The opportunity cost of a can ...

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