Ed is taking off from work for five hours this afternoon and going to a baseball game. the ticket to the game costs $20 and it costs $15 to park at the stadium. ed earns $10 an hour at his job. ed's opportunity cost of going to the ball game is:

The opportunity cost is $50.

Explanation:

The opportunity can be defined as the cost of sacrificing an alternative.  

Here, the cost of a ticket is given as $20.

The parking cost is $15.

Ed earns a wage of $10/hour at his job.

He is taking off for 5 hours.

The opportunity cost of going to the game is

=

= $50

The total economic costs will be

= $20 + $15 + $50

= $85

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself