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Opportunity cost of going to the show

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Shonda, who lives in Manhattan decides to go to a Broadway show (which is within a walking distance from her apartment). The ticket price is $150. and the entire activity will take 4 hours out of her evening. Suppose Shonda earns $80 per hour as a freelance photographer. She can take work at that pay rate whenever she wants. What is Shonda's opportunity cost of going to the show?

Reference no: EM132000057

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