A friend comes up to you and offers you a free ticket to a professional baseball game that night.You decide to attend the game.The game takes five hours and costs you $15 for transportation.If you had not attended the game,you would have worked at your part-time job for $8 an hour.What is the cost to you of attending the game?
A)The cost is zero-the ticket is free.
B)$65
C)$40
D)$55

Question

Quizplus · Accepted Answer

The cost of attending the game includes the opportunity cost of not working, which is $8/hour for 5 hours ($40), plus the $15 transportation cost, totaling $55.

A Friend Comes Up to You and Offers You a Free