Your brother gave you a ticket to a hockey game as a birthday gift. The ticket cost your brother $30. Your benefit from attending the game, expressed in dollars, is $47. On day of the game, you get a last-minute ticket to attend your favorite opera. The opera ticket costs $17 and you value watching the performance at $75. If you go to the opera, you can sell your hockey ticket online for $47. What is your opportunity cost of attending the hockey game instead of the opera? Enter a number only, without the $ sign.

Your brother gave you a ticket to a hockey game as a birthday gift. The ticket cost your brother $30. Your benefit from attending the game, expressed in dollars, is $47. On day of the game, you get a last-minute ticket to attend your favorite opera. The opera ticket costs $17 and you value watching the performance at $75. If you go to the opera, you can sell your hockey ticket online for $47. What is your opportunity cost of attending the hockey game instead of the opera? Enter a number only, without the $ sign.

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter6: Population Health

Section: Chapter Questions

Problem 8QAP

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