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aniked [119]
3 years ago
12

9. Gallagher is planning on

Business
1 answer:
Simora [160]3 years ago
6 0

Answer:

$40000 is the opportunity cost to attend college.

Explanation:

The opportunity cost is something that a person loses in order to acquire the other thing. In the given case total tuition fees of 4 years are $40000. Moreover, Gallagher has two options. First, he can forgive the idea to go to college and save $40000. Secondly, he can go to college and lose $40000. Let us assume Gallagher attends the college. If he attends college then he has to lose $40000. Thus, this $40000 is the opportunity cost to attend college.

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You purchased 200 shares of ABC stock on July 15th. On July 20th, you purchased another 100 shares and then on July 22st you pur
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Suppose that preferences over private consumption C and public goods G are such that these two goods are perfect substitutes, th
Temka [501]

Answer:

Please see explanation below.

Explanation:

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If b increases, that means consumers are willing to give up more units of public goods for one unit of the private good. Therefore, the quantity produced by the government will reduce.

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