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31 Fill in the blanks with values. Do not use decimal points, commas or dollar signs -- just whole numbers. Suppose a friend asked me

31

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Fill in the blanks with values. Do not use decimal points, commas or dollar signs -- just whole numbers. Suppose a friend asked me to join him for lunch at a restaurant near his house. He wanted me to try this new seafood dish that he though I would love. This dish cost $50 (including tip), but I had to pay for it myself. I have to go cross a bridge to get there and pay a toll of $2. It would also cost me $5 in gas to get to the restaurant and back. In the 3 hours it would take me to eat the meal and travel back and forth, I could have been earning $100 from selling widgets door to door, or $80 being the lunch manager at Mcdonald's, or $50 dollars tutoring economics students. What was the explicit cost of eating the meal at the restaurant? What was the implicit cost of eating the meal at the restaurant? What was the accounting costs of playing the round of golf? What was the total economic cost of playing the round of golf

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