Estimate the opportunity cost of going to see a movie in a movie theater. Express this opportunity
Question:
Estimate the opportunity cost of going to see a movie in a movie theater. Express this opportunity cost in dollars.
Hint: Think about both the out-of-pocket cost (i.e., the price of the ticket) and the indirect cost (the value of your time).
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Related Book For
3E Economics
ISBN: 9781292411019
3rd Global Edition
Authors: Daron Acemoglu, David Laibson , John List
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