Suppose that you must decide between attending an Ariana Grande concert or a Selena Gomez concert. The
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Suppose that you must decide between attending an Ariana Grande concert or a Selena Gomez concert. The concerts are at the same time on the same evening, so you cannot see both. You love Ariana Grande and would pay as much as $200 to see her perform. Tickets to her concert are $135. You are not as big a Selena Gomez fan, but a friend has just offered you a free ticket to the concert. If you decide to take the free ticket to see Selena Gomez, what is your opportunity cost?
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