Kaile earns $10 as a lab technician. She can work up to 60 hours per week but usually works 35 hours. She spends several hours every week reading in the park. She says she likes this because it is free. Kaile is right: sitting in the park with a book is costless.

Question

Quizplus · Accepted Answer

While sitting in the park with a book may not have a direct monetary cost, it has an opportunity cost, as Kaile could be working additional hours instead.

Kaile Earns $10 as a Lab Technician