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Business, 17.09.2019 18:30 asilverman

Suppose you have won a free ticket to see a bruce springsteen concert. this ticket has no resale value. also suppose that u2 has a concert the same night. the u2 concert represents your next-best alternative activity to the springsteen concert. tickets to the u2 concert cost $62, and on any particular day, you would be willing to pay up to $134 to see u2. assume that there are no additional costs of seeing either show. based on the information, what is the opportunity cost of seeing bruce springsteen?

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