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The PlayStation 5 (PS5) is a home video game console developed by Sony Interactive Entertainment.It was announced as the successor to the PlayStation 4 in April 2019, was launched on November 12, 2020, in Australia, Japan, New Zealand, North America, and South Korea, and was released worldwide a week later.
In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone where, given limited resources, ...
The following is a list of the most expensive video games ever developed, with a minimum total cost of US$50 million and sorted by the total cost adjusted for inflation. Most game budgets are not disclosed, so this list is not indicative of industry trends.
A customer walks away after purchasing the new Sony Playstation PS5 in Seoul on November 12, 2020, after Sony launched the new console in select markets around the world. - Ed Jones/AFP/Getty Images
The disc edition of the PS5 console also gets an £80 price cut, to £399 or £399.99, at several retailers. Related: Meta Quest 3S gets price cut just weeks after release Series S – 512GB (2024)
Opportunity cost can also be considered as the value of the resource in its next best use or next highest-valued alternative. Here are some examples to help better understand opportunity cost:
Upon release, the game was a commercial failure that failed to exceed 700 simultaneous players on the Steam platform, far lower than the 400,000 initial Steam players of Helldivers 2, a first-party live service multiplayer game released by Sony on PC and PS5 the same year.
List of best-selling PlayStation 5 video games Game Copies sold Release date Genre(s) Developer(s) Publisher(s) Marvel's Spider-Man 2: 11 million [1]: October 20, 2023