what is the opportunity cost of going to the Hawks game?
Suppose you won a free ticket to see a Hawks hockey game -- the ticket has no resale value. The Bulls are also in town playing on the same night, and seeing them is your next-best alternative activity. Tickets to see the Bulls cost $60, and the most you would be willing to pay to see the Bulls is $75. Assuming there are no other costs of going to either game, based on this information, what is the opportunity cost of going to the Hawks game?
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