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A real cost of choosing to attend a concert is not only the out-of-pocket $ $ $ cost, but also the opportunity cost (for example:

A real cost of choosing to attend a concert is not only the out-of-pocket $ $ $ cost, but also the “opportunity cost” (for example: ________________ ). Every activity we undertake requires us to not pursue other opportunities.

either b. or c below ... or possibly another “opportunity” that is not listed

extra sleep

lost wages

none of the above

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