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Subject: microeconomics
Message:
Question 2:
Choice 1 (5gun +8butter) choice 2 (7gun + 5butter)
I think opportunity cost of choice 2= profit of choice 2 - profit of choice 1

Marginal cost = cost incurred for producing additional guns.

Question 4:
Marginal cost of MBA would be fee + interest paid to Bank, if any.
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