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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
Suppose a new textbook sells for $100 at the college bookstore. The bookstore will buy it back at the end of the semester for $35, and sell then it used to somebody else for $75. Christina agrees to the deal, and pays $100. Once she buys the book, her sunk cost is
A) $25.
B) $35.
C) $40
D) $65
E) $100.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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Posts: 1990
8 years ago
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Sublight2097 Author
wrote...
8 years ago
Seriously, you've been tremendously helpful! Thank you.
wrote...
8 years ago
Happy to help, let me know if you have any more requests.
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