Behavior necessarily violate the cost-benefit principle

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John, who earns more than $50000/year working at his full-time job, spends 40 hours splitting and stacking two cords of firewood over the course of many weekends in the spring and summer. Firewood—split and stacked—costs $200 per cord. Based on this information, what can you infer about John? Does his behavior necessarily violate the cost-benefit principle? Explain.

Reference no: EM131098620

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