The cost of leaving the skating championship before it ends is _____, while the cost of staying for the entire match is _____.
A)the opportunity cost of not seeing the perfect 10 performance; zero-the ticket to the championship is already paid, so there is no cost
B)the opportunity cost of not seeing the perfect 10 performance; the opportunity cost of whatever else you could have done during that time
C)zero-you don't have to pay to leave; zero-the ticket to the match is already paid so there is no cost
D)the cost of the ticket; the cost of the ticket

Question

Quizplus · Accepted Answer

The cost of leaving the skating championship before it ends is the opportunity cost of not seeing the perfect 10 performance. The cost of staying for the entire match is the opportunity cost of whatever else you could have done during that time. This means that you are giving up the opportunity to do something else, and that is a cost. Therefore, the best answer is B.

The Cost of Leaving the Skating Championship Before It Ends