Suppose you have three alternatives A, B, and C and you can undertake only one

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Suppose you have three alternatives — A, B, and C — and you can undertake only one of them. In comparing A versus B, you find that B has an economic profit and A yields an economic loss. But in comparing A versus C, you find that C has an economic profit and A yields an economic loss. How do you decide what to do?

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Related Book For  answer-question

Microeconomics

ISBN: 9781319245283

6th Edition

Authors: Paul Krugman Robin Wells

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