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Suppose tickets for a regular seat at Super Bowl XXXVII cost just $500 when bought at face value (the cost at the box office). Scalpers (people who buy tickets at face value and sell them at higher prices), however, sell tickets for $2,000 or more. The opportunity cost of attending the Super Bowl with a regular ticket is:
Select the correct answer:
a) None of the other choices is correct.
b) the monetary price paid to obtain the ticket.
c) $2,000.
d) $1,500
e) 2,500.
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