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The opportunity cost of purchasing the textbook is the phone

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Reference no: EM13327122

You have a choice between spending $195 on a new biology textbook or purchasing a new 3G smart phone. The opportunity cost of purchasing the textbook is the phone.

Reference no: EM13327122

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The opportunity cost of purchasing the textbook is the phone : You have a choice between spending $195 on a new biology textbook or purchasing a new 3G smart phone. The opportunity cost of purchasing the textbook is the phone.
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