Mia spent 4 hours studying for an exam, and she received an…
Mia spent 4 hours studying for an exam, and she received an A on the exam. Normally, she would have spent that time watching TV instead of studying. Mia figures she could have made a B after studying only 2.00 hours, but she really wanted an A. What is Mia’s marginal cost in terms of TV viewing to move from a B to an A on the exam?
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