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Author Question: Recognizing Trade-offs in EconomicsYour friend, Kosuke, has an upcoming birthday. You need to decide ... (Read 2765 times)

bvyeehaw

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on: Nov 23, 2022
Recognizing Trade-offs in Economics

Your friend, Kosuke, has an upcoming birthday. You need to decide if you will buy him a cake or bake him a cake. The local bakery has a cake he will love for $10. If you decide to buy him a cake, it will cost $2 for ingredients plus take 1.50 hours of your time. After calculating your opportunity costs, you decide that the rational choice will be to make him the cake. How much is an hour of your time worth? Round your final answer to two decimal places.
◦ $10
◦ more than $5.33
◦ $8.00
◦ less than $5.33
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by bvyeehaw on Nov 23, 2022

Afvelasquez

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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yinghao gao (IOVW)

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Reply #2 on: Jun 20, 2023
Thank u


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