The opportunity cost of buying a ticket to a major league baseball game and then going to the game is

Question

Quizplus · Accepted Answer

The opportunity cost is the next best alternative that could have been undertaken, such as going to a different event or using the money for something else. The price of the ticket is only the monetary cost, not the opportunity cost. The time spent at the game is also not the only opportunity cost as there could be other activities that could have been undertaken during that time. D is too broad and does not specify a specific alternative.

The Opportunity Cost of Buying a Ticket to a Major