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A Famous Opera Star Made $2 Million Per Year

Question 64

Multiple Choice

A famous opera star made $2 million per year. He said he would rather sell insurance if he couldn't make more than $100,000 per year. If he is telling the truth, what's his opportunity cost as an opera star?


A) $2.0 million
B) $100,000
C) $1.9 million
D) $2.1 million

Correct Answer:

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