Microeconomics: Principles & Policy
Microeconomics: Principles & Policy
14th Edition
ISBN: 9781337794992
Author: William J. Baumol, Alan S. Blinder, John L. Solow
Publisher: Cengage Learning
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Chapter 5, Problem 3TY

Emily buys an air conditioner that costs $700. Because the air in her home is cleaner, its use saves her $250 in curtain cleaning costs over the lifetime of the air conditioner. In money terms, what is the opportunity cost of the air conditioner?

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Chapter 5 Solutions

Microeconomics: Principles & Policy

Ch. 5.A - Prob. 1TYCh. 5.A - Prob. 2TYCh. 5.A - Prob. 3TYCh. 5 - Prob. 1TYCh. 5 - Prob. 2TYCh. 5 - Emily buys an air conditioner that costs $700....Ch. 5 - Prob. 4TYCh. 5 - Prob. 5TYCh. 5 - Prob. 6TYCh. 5 - Prob. 1DQ
Ch. 5 - Prob. 2DQCh. 5 - Prob. 3DQCh. 5 - Prob. 4DQCh. 5 - Prob. 5DQ
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