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Opportunity cost of time

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Opportunity cost

You work as an assistant coach on the university basketball team and earn $13 per hour. One day, you decide to skip the hour-long practice and go to the county fair instead, which has an admission fee of $9.

The total cost (valued in dollars) of skipping practice and going to the fair (including the opportunity cost of time) is?

Reference no: EM131695435

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