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For an 18-year old high school senior, what is the opportunity cost of buying a $13,000 car instead of a $10,000 car?
For an 18-year old high school senior, what is the opportunity cost of buying a $13,000 car instead of a $10,000 car? In this episode, Gene and Rachel discuss that first big money purchase many of us make - our first car. What happens if that senior chooses to buy the $10k car even though they can afford a $13k car? Tune in to find out . . .
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