You are offered a ticket to watch Manchester United for which you will have to pay 10 You are considering buying a ticket to

You are offered a ticket to watch Manchester United for which you will have to pay $\mathrm{Â\pounds }\mathrm{10}$

You are considering buying a ticket to new art exhibition in which visitors watch paint drying on walls at a cost of $\mathrm{Â\pounds }\mathrm{50}$

The events are at the same day$/$time $-$ so you can only attend one of them and there is no chance to re$-$sell either ticket.



You value the enjoyment from watching the Manchester United game at $\mathrm{Â\pounds }\mathrm{60}$

You value the enjoyment from the art exhibition at $\mathrm{Â\pounds }\mathrm{180}$



The opportunity cost $($in $\mathrm{Â\pounds })$ associated with going to the art exhibition:



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The economic cost $($in $\mathrm{Â\pounds })$ of going to the art exhibition is:



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The economic rent $($in $\mathrm{Â\pounds })$ from going to the art exhibition is:



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$($do not use the $\mathrm{Â\pounds }$ symbol$)$

$($answer to $1$ decimal place if a non$-$integer answer$)$