Jim is planning on attending a football game that costs $40. He will have to take the

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Question:

Jim is planning on attending a football game that costs $40. He will have to take the day off from the work losing 8 hours of work. His hourly wage is $10. He estimates it will cost him around $20 for gas and parking at the game. Jim’s total economic cost of attending the game equals:

a. $80

b. $40

c. $140

d. $20