Billie's Billiard Barn has seen its business slow down ever since Patti's Ping Pong Parlour opened up across the street.Since the opening of Patti's Ping Pong Parlour, the opportunity cost of shooting pool at Billie's Billiard Barn has ________ for Billie's customers who also like to play ping pong.

Question

Quizplus · Accepted Answer

The opening of Patti's Ping Pong Parlour has given Billie's customers another option for entertainment. Therefore, the opportunity cost of shooting pool at Billie's has increased, as customers may choose to play ping pong at Patti's instead.

Billie's Billiard Barn Has Seen Its Business Slow Down Ever