Principles of Microeconomics 7th Edition
Chapter 1 Problem 2QCMC Solution
The price of the movie ticket it not the only opportunity cost of going to a movie. Other costs include travel to and from the theater and lost earnings from the time that could have been spent working during the movie. Thus, the ticket price is not the only component of the opportunity cost of going to the movie.
View the Chapter 1 Problem 2QCMC Answer
Principles Of Microeconomics 7th Edition – Answers
N Gregory Mankiw