What is the economic cost of tim attending the concert

Reference no: EM13180181

Tim has purchased a ticket to see a concert in Miami. The ticket cost Dave $600. To attend the concert Tim will have to take 3 days off from work where his daily compensation is $250. In addition Tim expects travel expenses to be $175 and the cost of a hotel for 2 days to be $275. What is the economic cost of Tim attending the concert?

Reference no: EM13180181

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