Exercise #1

Exercise #1 - Exercise #1 (Due September 16, 10:00p.m.) 1...

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Exercise #1 (Due September 16, 10:00p.m.) 1 Jody has purchased a non-refundable $25 ticket to attend a Savage Garden concert on Friday evening. Subsequently, she is asked to go to dinner and dancing at no expense to her. If she uses cost-benefit analysis to choose between going to the concert and going on the date, she should Choose one answer. a. include only the entertainment value of the concert in the opportunity cost of going on the date b. include neither the cost of the ticket plus the entertainment value of the concert in the opportunity cost of going on the date. c. include the cost of the ticket plus the entertainment value of the concert in the opportunity cost of going on the date. d. have a psychiatric evaluation because dates cannot be evaluated using cost-benefit analysis. e. include only the cost of concert ticket in the opportunity cost of going on the date. Correct Marks for this submission: 1/1. 2
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Exercise #1 - Exercise #1 (Due September 16, 10:00p.m.) 1...

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