willie got tickets to the premiere of a big action movie on wednesday night and invited his friend andre to…

willie got tickets to the premiere of a big action movie on wednesday night and invited his friend andre to go with him. andre thought that it would be a lot of fun but he had a big project due at school on thursday morning and needed to work on it. however, after some thought, andre decided to accept willies offer because he wanted to see the stars of the action movie at the premiere. what is the possible opportunity cost of andres decision? he does not enjoy the movie. he receives a poor grade on his school project. he does not meet the film stars. he has extra time to work on his school project.

willie got tickets to the premiere of a big action movie on wednesday night and invited his friend andre to go with him. andre thought that it would be a lot of fun but he had a big project due at school on thursday morning and needed to work on it. however, after some thought, andre decided to accept willies offer because he wanted to see the stars of the action movie at the premiere. what is the possible opportunity cost of andres decision? he does not enjoy the movie. he receives a poor grade on his school project. he does not meet the film stars. he has extra time to work on his school project.

Answer

Brief Explanations:

Opportunity cost is the value of the next - best alternative forgone. Andre chose to go to the movie premiere instead of working on his school project. So, the opportunity cost is the consequence of not working on the project, which is likely to be getting a poor grade on it.

Answer:

He receives a poor grade on his school project.