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When computing the opportunity cost of attending a professional football game as a spectator, you should include
Gross Profit
The financial metric representing the difference between revenues and the cost of goods sold, before deducting overhead, payroll, taxation, and interest payments.
Operating Expenses
Costs associated with a company's main operational activities, excluding cost of goods sold, including expenses like rent, utilities, and salaries.
Net Income
The profit of a company after all expenses and taxes have been subtracted from total revenue.
Cost of Goods Sold
Costs incurred directly by the production process of goods a company sells, covering both materials and labor.
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