John gives up a shift at work so he can go to Universal with a friend. He spends $150 at Universal. He would have earned $220 during the shift at work. John's explicit cost of going to Universal is $ . His implicit cost of going to Universal is $ . His opportunity cost of going to Universal is $ . If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $ . Enter whole numbers only.

Answer: John's explicit cost of going to Universal is $150 . His implicit cost of going to Universal is $220 . His opportunity cost of going to Universal is $ 70. If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $ 220

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nutanraj654 nutanraj654 · Answer 2 · 2022-07-07T13:02:53+02:00

John's exact cost of going to Universal is $150. His implicit cost of going to Universal is $220. His opportunity cost of going to Universal is $ 70. Then at the end of the workday, he would have $220.

How much did you spend at Universal?

We budget between $20 and $200 for souvenirs and $50 – $100 per person, per day for food when visiting Universal Studios. Therefore if you're visiting the parks for 3 days I'd advise a minimum of $170 and a maximum of $500 per person. This doesn't include the cost of parking or park tickets.

How much does Universal cost in total?

The Universal Studios theme park in Florida celebrates past and present movie hits with a series of rides and attractions. Typical costs: One-day tickets to Universal Studios Orlando[1] cost $88 for adults and $82 for children. A family of four can expect to pay about $340.

Learn more about spending $ at Universal see

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