Last week jorge purchased a 45 ticket to a soccer game, Ask an Expert

Economics

Last week, jorge purchased a $45 ticket to a soccer game scheduled for this Thursday. If he attends the game, he'll miss three hours of work, where he's paid $15per hour. While he can't return the ticket, he can resell it online for $30. Attending the game is worth $100 to him. Based on this information, which of the following is true?

A. the opportunity cost of attending is $75.

B. the opportunity cost of attending is $25.

C. the opportunity cost of attending is $105.

D. the opportunity cost of attending is $45.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91401914

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