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Sublight2097 Sublight2097
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8 years ago
What is the approximate cost to a professional basketball team of giving ten free tickets for a particular game to children in an orphanage?
A) Probably nothing if the game is not sold out.
B) The face price of the tickets
C) The value of the opportunities forgone by putting on the game, divided by the number of seats (times ten)
D) We cannot tell unless we know the value the orphans place on attending.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Another one in the books, marking it solved.
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#3
8 years ago
Don't mention it Happy Dummy
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