jjjones4577 jjjones4577

13-03-2024
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Guðrún bought a lottery ticket for $5. Just before the draw, two people tried to buy her ticket. The first bid $30 and the second bid $65. What is Guðrún's opportunity cost of deciding to own the:
A. $30
B. $65
C. $5
D. Cannot be determined from the information given

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