Matt and Ann Both Decide to Go to a Concert

question 391

Multiple Choice

Matt and Ann both decide to go to a concert with free tickets. We know that

• A) both bear an opportunity cost since they could have done other things instead of see the concert.
• B) both bear the same opportunity cost since they are doing the same thing.
• C) the cost of going to the concert is greater for the one who had more choices to do other things.
• D) neither bears an opportunity cost because the tickets were free.