John's dairy makes and sells homemade ice cream. He uses a machine he bought 15 years ago for $1,500. The machine still works but is so old that nobody else would be willing to buy it, as they would prefer buying a new one that would last longer. John's opportunity cost of continuing to use this machine is
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John's dairy makes and sells homemade ice cream. He uses a machine he bought 15 years ago for $1,500...
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