Time left 0:58:4- 2) John and Maria are both given free tickets to see a movie. Both decide to see the same movie. We know that: O a. both have an opportunity cost of seeing the movie because they could have done other things instead of seeing the movie. O b. both have the same opportunity cost of seeing the movie because they are doing the same thing. O c. it is not possible to calculate the opportunity cost of seeing the movie because the tickets were free. O d. it is possible to calculate the opportunity cost of seeing the movie and it is zero because the tickets were free.

Time left 0:58:4- 2) John and Maria are both given free tickets to see a movie. Both decide to see the same movie. We know that: O a. both have an opportunity cost of seeing the movie because they could have done other things instead of seeing the movie. O b. both have the same opportunity cost of seeing the movie because they are doing the same thing. O c. it is not possible to calculate the opportunity cost of seeing the movie because the tickets were free. O d. it is possible to calculate the opportunity cost of seeing the movie and it is zero because the tickets were free.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter3: Interdependence And The Gains From Trade

Section: Chapter Questions

Problem 4PA

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