Ted got a ticket to this year's Super Bowl and paid the face value of $1,000. His cousin offered him $3,000 for the ticket. Given this information, Ted's opportunity cost of this ticket is
O $1.000.
O $2,000
O $3,000.
O $4,000.

Question

20-06-2024
Business

Answered

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Ted got a ticket to this year's Super Bowl and paid the face value of $1,000. His cousin offered him $3,000 for the ticket. Given this information, Ted's opportunity cost of this ticket is
O $1.000.
O $2,000
O $3,000.
O $4,000.

Sagot :

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