Which of the following is the opportunity cost of attending a ball game? A. Only the things you would alternatively have done with your time if you had been working B. Only the things you would alternatively have done with your time. C. Only the ticket price and bus fare. D. The things you would have bought with what you spent on the ticket and bus fare getting to the game plus the things you would alternatively have done with your time.

Question

Which of the following is the opportunity cost of attending a ball game? A. Only the things you would alternatively have done with your time if you had been working B. Only the things you would alternatively have done with your time. C. Only the ticket price and bus fare. D. The things you would have bought with what you spent on the ticket and bus fare getting to the game plus the things you would alternatively have done with your time.

Answer 1

The correct answer is D. The opportunity cost of attending a ball game includes the ticket price and bus fare, as well as the things you would have bought with what you spent on the ticket and bus fare, plus the things you would have done with your time if you had chosen to do something else instead.

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