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11 April, 12:38

Let's assume that your favorite musician (who sells platinum records and has sold-out concerts) is a great cook. He also makes splendid cakes and pies. He could sell the pies and cakes for $30 each. Why doesn't he spend his whole day baking and cooking?

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  1. 11 April, 13:01
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    Because the opportunity cost of baking pies will be too high and he can make a lot more from singing and signing record deals
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