Suppose a popular band is giving a concert and wants to set the price low to reach more people. The price is set at $20
Posted: Sun Jul 03, 2022 3:43 pm
Suppose a popular band is giving a concert and wants to set the price low to reach more people. The price is set at $20 per ticket. However, in the resale market, one can sell their ticket for at least $120. The opportunity cost of attending the concert is a. at least $120 O b. 100 OC. $20 O d. at least $140 Oe. The money paid to obtain a ticket. Fini