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whipped whipped
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6 years ago
If Tom spends 4 hours a day on Facebook and the minimum wage in his country is $7 per hour, what is his opportunity cost of spending time on Facebook? Given that spending time on Facebook has an opportunity cost, does this analysis suggest that Tom should work rather than spending his time on social networking?
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Microeconomics

Microeconomics


Edition: 1st
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SimplemanSimpleman
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