What is opportunity cost of your day at professional game

Reference no: EM13191018

Ahead of you is a wonderful weekend. You bought a ticket to see a professional football game. The ticket cost $50 a piece, plus you estimate a cost of $25 each for gas to the game and parking. Since the game is in the middle of the afternoon, you arrange to get the day off of work. Normally you make $75 per day at your job. The day of freedom ahead of you has you daydreaming of all the other things you could do with your time instead of going to the game. Flying to Florida for example. It would be nice to go despite the four-hour, one-way flight. You recently saw a round-trip fare of $330 to Florida. What is the opportunity cost of your day at the professional football game?

Reference no: EM13191018

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What is opportunity cost of your day at professional game : Ahead of you is a wonderful weekend. You bought a ticket to see a professional football game. The ticket cost $50 a piece, plus you estimate a cost of $25 each for gas to the game and parking. Since the game is in the middle of the afternoon, you ..

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