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A new recreational area in a different town will take 15 full-time (40 hours per week) workers 2 weeks to complete. In addition, the cost of materials is expected to be $77,718. Suppose in this town, there is some unemployment and the town pays 15 formerly unemployed workers to do the labor at the value of their leisure time, which is $14 per hour. What is the total opportunity cost of the project in this town?
Sagot :
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