You Are Given a Ticket to a Bob Dylan Concert

question 185

Multiple Choice

You are given a ticket to a Bob Dylan concert with a face value of $50. You only value the ticket at $40, sell it to a friend for $40, and attend a U2 concert priced at $60. The opportunity cost of attending the U2 concert is:

• A) $20 worth of alternative goods and services.
• B) $40 worth of alternative goods and services.
• C) $50 worth of alternative goods and services.
• D) $60 worth of alternative goods and services.

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Definitions:

The Community

Refers to a group of people who share common interests or values, especially within a social media context or within a specific brand's consumer base.

Dwayne Johnson

A professional wrestler and actor known for his charismatic personality and roles in various Hollywood blockbuster movies.

Strong Presence

Having a noticeable, influential, or dominant position within a particular space, often referring to brands or individuals in the digital or physical world.

Communities

Groups of people who share interests, values, goals, or geographical locations and interact with each other.