Suppose that you have a free ticket to a concert by Band X. The ticket has no resale value. On the night of the concert, your next -best alternative entertainment is a performance by Band Y for which the ticket cost $40. You like Band Y and would usually be willing to pay $50 for a ticket to see them. What is the opportunity cost of using your free ticket and seeing Band X instead of Band Y? A) $40 B) $50 C) $10 D) $90

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