What is the opportunity cost of seeing bruce springsteen

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You won a free ticket to see a Bruce Springsteen concert ( assuming the ticket has no resale value) U2 has a concert the same night, and this represents you next best alternative activity. Tickets to the U2 concert cost $80, and on any particular day, you would be willing to pay up to $100 to see this band. Assume that there are no additional cost of seeing either show. Base on the information, what is the opportunity cost of seeing Bruce Springsteen?

Reference no: EM13995881

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What is the opportunity cost of seeing bruce springsteen : You won a free ticket to see a Bruce Springsteen concert ( assuming the ticket has no resale value) U2 has a concert the same night, and this represents you next best alternative activity. Tickets to the U2 concert cost $80, and on any particular day..

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