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Tidy Tidy
wrote...
Posts: 4852
8 years ago
The opportunity cost of going to an outdoor music festival is
A) the enjoyment you receive from going to the festival.
B) the value of the time spent at the festival.
C) equal to the highest value of an alternative use of the time and money spent on the festival.
D) zero because there is no overhead costs for an outdoor festival.
E) the cost of the festival ticket only.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 568 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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DropxDropx
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Posts: 1991
8 years ago
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8 years ago
Happy to help, let me know if you have any more requests.
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