Business, 25.01.2020 07:31 mshields1994
College football attendance, especially student attendance, has been on the decline. in 2016, home attendance at major college football games declined for the sixth consecutive year and was the lowest since 2000. the opportunity cost of engaging in an activity is the value of the best alternative that must be given up to engage in that activity. source: jon solomon, "college football attendance in 2016: crowds decline for sixth straight year," cbssports, december 16, 2016. your opportunity cost of attending a game compared with the opportunity cost facing a college student 10 years ago is: a. higher, because more games are televised today. b. higher, because the cost of cable tv is higher today. c. lower, because of social media. d. lower, because games are usually viewed on high-definition television today. can this change in opportunity cost account for the decline in college football attendance? briefly explain. a. no, because the price of the game ticket is the only thing that matters. b. yes, because these changes increase the opportunity cost of watching football games in person. c. yes, because sports fans are rarely rational. d. no, because opportunity costs do not involve an actual payment of money. g
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