1. The cost of the ticket to the antiques show is: a. Relevant b. Irrelevant 2. The cost of the ticket to the Brunch is: a. Relevant b. Irrelevant 3. The cost of the airplane ticket is: a. Relevant b. Irrelevant 4. The cost of the wedding gift is: a. Relevant b. Irrelevant 5. The cost of the luggage is: a. Relevant b. Irrelevant Situation Joan had completely forgotten about her cousin's wedding that is planned for the same weekend as an outing she planned with friends. The outing with her friends involves attending a concert Friday night, an antique show on Saturday and a Brunch late Sunday morning. She has already purchased a non-refundable ticket to the concert. The ticket to the antiques event costs $12.00 and the Brunch costs $50. Joan plans to purchase that ticket to the antiques event at the door but she has already purchased a non-fundable ticket to the Brunch Here is Joan's dilemma. When she was planning to attend the wedding, she expected to fly to her home town, where the wedding is to take place. Because of the distance involved, Joan would have to fly to attend the wedding. She has already made a non-refundable reservation for her hotel room through Priceline but has not yet purchased the airline ticket. She has been needing to replace her old, worn-out luggage for a while so she purchased a new set at a closeout sale. She has yet to purchase a wedding gift but she would spend the same amount for the wedding gift whether or not she attends the wedding. Assume that Joan's only options are attending the wedding or taking part in the outing with her friends. Given these two alternatives, identify the following costs are relevant versus irrelevant. 1. The cost of the ticket to the antiques show is: a. Relevant b. Irrelevant 2. The cost of the ticket to the Brunch is: a. Relevant 6. Irrelevant 3. The cost of the airplane ticket is: a. Relevant b. Irrelevant 4. The cost of the wedding gift is: a. Relevant b. Irrelevant 5. The cost of the luggage is: a. Relevant b. Irrelevant