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Business, 08.10.2020 09:01 s103394

Kamryn is deciding between three potential activities on saturday evening: 1) staying at home and watching her favorite television show, an activity that she values at $18 and that entails no out-of-pocket costs. 2) going to the movies with her sister to see the latest blockbuster action film, an activity she values at $30 and that entails $15 in out-of-pocket costs. 3) going out to dinner with her best friend, an activity she values at $40 and that entails $23 in out-of-pocket costs. a.Which activity should kamryn choose? Staying at home and watching her favorite show going out to dinner with her best friend going to the movies with her sisterb. What is kamryn's opportunity cost of going to the movies? Instructions: if you are entering a negative number, be sure to include a negative sign (-). $c. Relative to her next best alternative, what is kamryn's economic surplus from going to the movies? Instructions: if you are entering a negative number, be sure to include a

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Kamryn is deciding between three potential activities on saturday evening: 1) staying at home and wa...
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