About opportunity costs, Answer the following questions

About opportunity costs

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Reference no: EM131166537

Answer the following questions about opportunity costs:

a. Define opportunity costs.

b. If you receive a free ticket to an NFL Football game, what is your opportunity cost of attending the game?

c. How does your opportunity cost change if snowy roads lengthen your drive time to and from the game?

Reference no: EM131166537

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