Economics:
10th Edition
ISBN: 9781285859460
Author: BOYES, William
Publisher: Cengage Learning
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Question
Chapter 2, Problem 14E
To determine
(a)
The time spend by Chris on making the shirt, if he makes a shirt himself.
To determine
(b)
The number of hours of work that will be required by Chris to earn the money to buy the shirt.
To determine
(c)
The term that denotes the three hours that Chris saved by working at his job and trading his money for a shirt instead of making it himself.
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