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You've won a FREE ticket to the Toronto Maple Leafs hockey game (which has ZERO re-sale value). The Toronto Raptors Basketball team is playing on
You've won a FREE ticket to theToronto Maple Leafshockey game (which has ZERO re-sale value). TheToronto RaptorsBasketball team is playing on the same night and is yournext best alternative activity. Tickets to theToronto Raptorscost40$HOWEVER on any given day, you would be willing to pay up to50$to see the Toronto Raptors. Assume that there are no other costs associated with seeing either game. Based on this information, what is theopportunity costof seeing theToronto Raptors?
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