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Tragamin Tragamin
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Posts: 588
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6 years ago
Until recently, Francis paid Andrew $200 a month to live in a cottage that Andrew owns near the beach. George offers Andrew $250 a month. Andrew turns down George's offer and evicts Francis so that he can start his own business in the cottage. Andrew's implicit costs of this decision are $250.

True or False?
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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holymanholyman
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6 years ago
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