Question: Consider the following events that change prices. For each one, say whether the opportunity cost of consuming the affected good increases or decreases. Affected good
Consider the following events that change prices. For each one, say whether the opportunity cost of consuming the affected good increases or decreases.
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Affected good A local movie theater offers a student discount. a. Movie tickets b. A tax on soft drinks passes in your Soft drinks state. c. Subsidies on corn are cut in half. Corn subsidies d. Your student health center begins Flu shots offering flu shots for free.
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