Daniel Mathews a footballer who is based in Sweden received a fine of $2 500 and a two-match suspension for use of performance-enhancing drugs. Daniel receives a match fee of $5 000 per match from the Sweden Footballers Board, plus additional appearance money of $10 000 per match from Adidas. He also pays $500 per match for comprehensive insurance against injury. In opportunity cost terms, the cost of this incident for Daniel Mathews is: a) $17 500 b) $14 000 c) $31 500 d) $14 000.

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Daniel Mathews a footballer who is based
in Sweden received a fine of $2 500 and a
two-match suspension for use of
performance-enhancing drugs. Daniel
receives a match fee of $5 000 per match
from the Sweden Footballers Board, plus
additional appearance money of $10 000
per match from Adidas. He also pays $500
per match for comprehensive insurance
against injury. In opportunity cost terms, the
cost of this incident for Daniel Mathews is:
a) $17 500 b) $14 000 c) $31 500 d) $14
000.
Transcribed Image Text:Daniel Mathews a footballer who is based in Sweden received a fine of $2 500 and a two-match suspension for use of performance-enhancing drugs. Daniel receives a match fee of $5 000 per match from the Sweden Footballers Board, plus additional appearance money of $10 000 per match from Adidas. He also pays $500 per match for comprehensive insurance against injury. In opportunity cost terms, the cost of this incident for Daniel Mathews is: a) $17 500 b) $14 000 c) $31 500 d) $14 000.
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