CE econ questions
peter wins a transferable buffet coupon in a lucky draw. which of the followings is correct?
a. he will lose nothing if he loses the coupon
b. the coupon is a free good
c. his opportunity cost of using the coupon is zero
d. his opportunity cost of using the coupon decreases if the price of the buffet decreases
would you please answer the questions and explain them in details?
( with reasons why it's true and others are false)