Question
Suppose a friend invites you to attend the Opening Day game of your favorite baseball team. You will have to miss a day of
Suppose a friend invites you to attend the Opening Day game of your favorite baseball team. You will have to miss a day of work in order to go. You would have earned $40 that day. Your ticket to the game cost your friend $10, and your friend treats you to another $10 worth of food and beverages. What is your opportunity cost of attending the Opening Day game?
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Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
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