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Suppose that Sam has been given a ticket to a Lana Del Rey concert. The ticket cannot be sold or traded. Meanwhile, on the same
Suppose that Sam has been given a ticket to a Lana Del Rey concert. The ticket cannot be sold or traded. Meanwhile, on the same night, in the same town, Lady Gaga is playing. A ticket to see Lady Gaga costs $70, and Sam places a value of $95 on seeing Lady Gaga perform. There are no other alternative activities. Sam's opportunity cost for seeing Lana Del Rey is:
Question 6 options:
$0
$25
$70
$95
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