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Malone,an Auto Mechanic,left His $35,000-A-Year Job at Jim's Garage,which Provided

Question 114

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Malone,an auto mechanic,left his $35,000-a-year job at Jim's Garage,which provided additional health care insurance benefits of $5,000 a year,and he became an opera singer.Malone now draws an annual salary of $25,000 and pays for his own health care insurance of $3,500 a year with the Orlando Opera Company.Identify his opportunity costs.

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