Opportunity Cost. Use the concept of opportunity cost to explain the following: a . People prefer to
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Question:
Opportunity Cost. Use the concept of opportunity cost to explain the following:
a People prefer to work on holidays with double pay than going on leave.
b CEOs of companies choose to ride a plane than take a hr interstate drive.
c The government did a lot of road widening to avoid traffic near a busy seaport where a lot of goods transported to the city are coming from.
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