The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne

Exercise 20

In order to decide whether or not to drop intercollegiate football, your school undertakes a study of the program's cost. To what extent do you think the following budget items represent genuine costs?
(a) Tuition scholarships to players
(b) Payments on the stadium mortgage
(c) Free tickets to all full-time students
(d) Salaries of the athletic director, ticket manager, and trainer