Billie's Billiard Barn has seen its business slow down ever since Patti's Ping Pong Parlour opened up across the street. Since the opening of Patti's Ping Pong Parlour, the opportunity cost of shooting pool at Billie's Billiard Barn has ________ for
Billie's customers who also like to play ping pong.
A) decreased.
B) increased.
C) fallen to zero.
D) not changed.
Answer: B
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Indicate whether the statement is true or false
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A. increase in the general level of prices and a decrease in real output. B. increase in the general level of prices and an increase in real output. C. decrease in the general level of prices and a decrease in real output. D. decrease in the general level of prices and an increase in real output.
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What will be an ideal response?