For each of the following, describe some of the potential opportunity costs: a. Going home for Thanksgiving
Question:
For each of the following, describe some of the potential opportunity costs:
a. Going home for Thanksgiving vacation
b. Riding your bicycle 20 miles every day
c. The federal government using tax revenue to purchase 10,000 acres in Florida for use as a bird sanctuary
d. A foreign government subsidizes its national airline to keep airfares down
e. Upgrading to a balcony suite for your cruise around the Mediterranean Sea
f. Staying up all night to watch season 5 of Game of Thronesa
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Related Book For
Principles of Macroeconomics
ISBN: 978-0134078809
12th edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
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