Rose Riley's parents have booked and paid for a family trip to Aspen, Colorado, during her spring break. Rose's friends recently decided to drive to Destin, Florida, for spring break. Rose needs to decide whether to join her parents in Aspen or drive to the beach with her friends. The opportunity costs of joining her friends on the trip to Destin include each of the following EXCEPT

Question

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The opportunity cost of joining her friends on the trip to Destin includes her parents' anger, her contribution to gas money, and the hotel costs she will split with her friends. The ski lift ticket her parents have already purchased for her is not an opportunity cost since it is a sunk cost that cannot be recovered regardless of her decision to go to Aspen or Destin. Therefore, the best choice depends on Rose's preference and priorities between spending time with her family in Aspen and having fun with her friends in Destin.

Rose Riley's Parents Have Booked and Paid for a Family