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Opportunity cost example > study for exam or go to the Super Bowl? You are willing to pay up to $1000 to go to the
Opportunity cost example > study for exam or go to the Super Bowl? You are willing to pay up to $1000 to go to the super bowl but you were able to get a ticket for only $100. The super bowl is now sold out and people are willing and to buy the ticket for $600. A) if you decide to study, what is your opportunity cost? Does it change if you could get a refund for your $100 ticket? B) your friend got a back stage pass to meet Tom Brady after the game (non refundable) and you value this experience at $2000 (so $1000 + $2000 value to you). What is your opportunity cost to study now
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