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You plan to attend a football game which is two hours long. The cost for a ticket is 10. You could either (1) sleep over
You plan to attend a football game which is two hours long. The cost for a ticket is 10. You could either (1) sleep over those two hours (which you value at 10 per hour) or (2) earn income on your job. You would incur transportation costs of 2 each way to and from your job. Your commute time is 15 minutes each way and you are paid 20 per hour. You would work 1.5 hours. What are your total economic costs of attending his football game?
a.36
b. 26
c.40
d.10
e.30
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