Question

The cost of leaving a championship soccer match before it ends is ________, while the cost of staying for the entire match is ________.

Answer 1

The opportunity cost of not seeing the winning goal;

the opportunity cost of what else one could have done

Step-by-step explanation:

Opportunity Cost of Actions in a Championship Soccer Match

First, When one chooses to leave a championship soccer match before it ends, there is the high probability of not seeing the winning goal. This is the opportunity cost of leaving early.

The reason is that towards the end of soccer matches, players from both teams are usually more pumped or eager to score more goals in order to outdo their opponents. Therefore, more often than not, more determining goals are scored towards the end of the match

Secondly, if one decides to stay for the entire match, it is possible to see the winning goal but there is also an opportunity cost of what could have been done during the time, if one had left earlier.

For instance, staying the extra 20 minutes could have the opportunity cost of taking a snack, buying groceries catching the bus early or even going to see a friend.

Answer 2

Answer: opportunity/economic cost of not seeing the winning goal during the time you were away; the opportunity/economic cost of what else you could have done during the time you have stayed.

Explanation: it's the loss of alternatives based on an alternative chosen.