Opportunity cost of going to the game


You purchase baseball tickets last month when the team was doing poorly. You paid $100 a non-refundable ticket. Your best friend offered you $130 for the ticket now that the team is doing well. The opportunity cost of going to the game is?

a. $30

b. $100

c. $130

d. None of the above

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Accounting Basics: Opportunity cost of going to the game
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