Question
Jason is offered a free ticket to the UW Badgers football. Instead of going to the game, he could work for 4 hours and earn
Jason is offered a free ticket to the UW Badgers football. Instead of going to the game, he could work for 4 hours and earn $40, play basketball and spend time with friends (which he values at $50), or study economics (which he values at $35). What is Jason's opportunity cost of attending the game?
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Macroeconomics Principles and Applications
Authors: Robert E. Hall, Marc Lieberman
6th edition
1111822352, 1111822354, 9781133708742 , 978-1111822354
