Econ opportunity cost

2007-12-10 5:16 am
我本econ書有條咁既問題↓
Suppose Manchester United, a top British football club, will
have a friendship match with a football club in Hong Kong next
month. Many fans stay up all night, queuing to buy tickets.

Andy is one of those who queued up for tickets, and he has to
sit for an Economics examination the next day. If the price of
each ticket is $320, calculate the full opportunity cost of getting
the ticket.
想問下應該點答丫??
另外, cost係咪即係等如opportunity cost丫???
唔該哂各位。

回答 (3)

2007-12-10 5:22 am
✔ 最佳答案
Full cost 係佢total 要放棄既野..
除左錢..佢仲放棄左乜野呢?(佢聽日要考試..同埋佢排隊要waste?)

Cost here is opportunity cost.
參考: 自已
2007-12-11 12:14 am
The FULL opportunity cost of getting the ticket is the highest valued alternative use of the sum of money Andy used to by the tickets ( ie. n ×$320 ) plus the highest valued alternative use of time Andy queued up for the tickets.
參考: me
2007-12-10 6:24 am
COST = $$
opportunity cost=THE highest value and the option forgone

full opportunity cost =cost +opportunity cost
=$320+exam
ok?if not send me e-mail..
參考: my knowledge


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