1) Benjamin has saved $40.00 for concert tickets, but decides to buy a new pair of jeans instead. In this scenario, what do the concert tickets MOST LIKELY represent?

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asked Jul 7, 2018 67.1k views

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1) Benjamin has saved $40.00 for concert tickets, but decides to buy a new pair of jeans instead. In this scenario, what do the concert tickets MOST LIKELY represent?

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Aurast asked

by Aurast

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The concert tickets would most likely represent an opportunity cost.

Gilly answered Jul 8, 2018

by Gilly

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2 votes

The concert tickets are represented as an opportunity cost.

Kervin Ramen answered Jul 12, 2018

by Kervin Ramen

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