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Business, 14.01.2020 04:31 yeet1570

Jacques has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontransferable ticket. now kyoko, whom jacques has wanted to date for a long time, asks him to a concert. jacques would prefer to go to the concert with kyoko and forgo the play, but he doesn't want to waste the $50 he spent on the play ticket. from the perspective of an economist, if jacques decides to go to the concert with kyoko, what has he just done

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