Question 1) Sophias friends have invited her to see a movie the following weekend. The movie ticket costs $15. Alternatively, during the time she would be at the movies, she could choose between one of the following two options:

i. Work at a caf and earn $40.

ii. Go to a concert. The ticket to the concert is $20, and she values this experience at $50,

Based on the above information, what is Sophias opportunity cost of going to the movie?

A. $15

B. $55

C. $40

D. $65

Question 2) Daniel decides to spend an hour playing cricket. He has to pay $10 for admission into the sport complex where he plays cricket. His next-best alternative is to work at a caf and earn $16 per hour. Based on the above information, what is Daniels opportunity cost of playing cricket?

a) $10

b) $16

c) $26

d) $6

Please explain your answers.