Reject the assumptions
I'm sorry, but I reject the entire premise. If I have a choice between paying $50 to go see Eric Clapton, who at one time deserved to be compared to God, or getting paid $50 to go listen to a tone-deaf, harmonica-mangling, overhyped blowhard named Bob Zimmerman Dylan, I'd take Clapton. Sorry to be a smart ass, but I find the choice to be distracting.
To use the original numbers, let's say that I'd pay $50 to see Dylan, but can get the tickets for $40. And let's say I can get the Clapton tickets for free, but I'd pay $30 for them. By the logic of the "correct" answer, even though I'm up net $30 going to Clapton, and net $10 for going to Dylan, my opportunity cost for going to Clapton is $10? I answered $50 the first time around, so I'm with Tyler in rationalizing this. Semantics, it is.
[Oh, I see someone already used this approach in the comments to Tyler's response. Geez, and with the same numbers, too.]
To use the original numbers, let's say that I'd pay $50 to see Dylan, but can get the tickets for $40. And let's say I can get the Clapton tickets for free, but I'd pay $30 for them. By the logic of the "correct" answer, even though I'm up net $30 going to Clapton, and net $10 for going to Dylan, my opportunity cost for going to Clapton is $10? I answered $50 the first time around, so I'm with Tyler in rationalizing this. Semantics, it is.
[Oh, I see someone already used this approach in the comments to Tyler's response. Geez, and with the same numbers, too.]
Labels: culture
<< Home