The regeneration of East London, the site of the 2013 Olympic Games, is set to add extra

Question:

The regeneration of East London, the site of the 2013 Olympic Games, is set to add extra £1.5 billion to taxpayers’ bill.
Is the cost of regenerating East London an of hosting the 2013 Olympic Games? Explain why or why not.
Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...