Skiing vacation in aspen instead of taking piano lessons

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Reference no: EM131396083

During the winter break, Sam decides to go for a skiing vacation in Aspen instead of taking piano lessons. The opportunity cost of the skiing vacation is the:

  • cost of buying a piano.

  • amount paid to the skiing instructor.

  • cost of accommodation and food in Aspen. 

  • value of piano lessons.

Reference no: EM131396083

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