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John has two hours of free time this evening. He ranked his alternatives, first go to a concert, second go to a movie, third study for an economics exam, and fourth answer his e-mail. What is the opportunity
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John has two hours of free time this evening. He ranked his alternatives, first go to a concert, second go to a movie, third study for an economics exam, and fourth answer his e-mail. What is the opportunity cost of attending the concert for John?

User Akshat
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Answer: The correct answer is : attending a movie

Explanation: Because of the shortage that we currently face each election implies an opportunity cost. The opportunity cost is an economic concept that is defined as the alternative of greater value that is abandoned in order to obtain something.

User Awais Fayyaz
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