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Business, 01.01.2020 02:31 elenagarcia123

Economics: opportunity costs: suppose on friday night you have a choice to go either to a katy perry concert or a lady gaga concert. you won a free ticket to see katy perry. you would pay as much as $200 to see lady gaga perform, but tickets to her show cost $100 . assume that you end up going to the katy perry concert.

since you went to the katy perry concert, you must be willing to pay at least $ to see katy perry.

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