Michael decides to go to the Redwings game instead of studying for his final exam in economics. The opportunity cost of this decision is Question 60 options: a) The enjoyment he received from watching the game b) a good grade on the final exam c) The enjoyment he received from watching the game minus the good grade on the final d) the cost of the ticket e) both B and D

Michael decides to go to the Redwings game instead of studying for his final exam in economics. The opportunity cost of this decision is Question 60 options: a) The enjoyment he received from watching the game b) a good grade on the final exam c) The enjoyment he received from watching the game minus the good grade on the final d) the cost of the ticket e) both B and D

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter6: Simple Pricing

Section: Chapter Questions

Problem 6MC

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Question 60

Michael decides to go to the Redwings game instead of studying for his final exam in economics. The opportunity cost of this decision is

Question 60 options:

a)	The enjoyment he received from watching the game

b)	a good grade on the final exam

c)	The enjoyment he received from watching the game minus the good grade on the final

d)	the cost of the ticket

e)	both B and D

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