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Ted chooses to go to the movies on Saturday night. He drives to the movie theater, where he purchased a movie ticket, popcorn and soda.

Ted chooses to go to the movies on Saturday night. He drives to the movie theater, where he purchased a movie ticket, popcorn and soda.

His opportunity cost for this decision is __________.

  • a.)
  • the value of the enjoyment he gained from seeing the movie
  • b.)
  • the price of the movie ticket
  • c.)
  • the hockey game he did not attend because he was at the movies
  • d.)
  • the price of the gas he uses to get to the restaurant

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