Business, 20.09.2019 02:30 jacobballew2019
Larry has plans to go to an opera and already has a $100 nonrefundable, nonexchangeable, and nontransferable ticket. now megan, whom larry has wanted to date for a long time, asks him to a party. larry would prefer to go to the party with megan and forgo the opera, but he doesn't want to waste the $100 he spent on the opera ticket. from the perspective of an economist, if larry decides to go to the party with megan, what has he just done? incorrectly allowed a sunk cost to influence his decision made a choice that was not optimal correctly ignored a sunk cost
Answers: 2
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Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ
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Shelby bought her dream car, a 1966 red convertible mustang, with a loan from her credit union. if shelby paid 5.1% and the bank earned a real rate of return of 3.5%, what was the inflation rate over the life of the loan?
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Larry has plans to go to an opera and already has a $100 nonrefundable, nonexchangeable, and nontran...
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