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Deirdre has one free hour to practice the piano for an upcoming school concert or work at the library for $7 per hour or babysit her neighbor’s 12-year-old son for $10 per hour. She chooses to practice the piano. What is the opportunity cost of practicing the piano?

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Deirdre has one free hour to practice the piano for an upcoming school concert or work at the library for $7 per hour or babysit her neighbor’s 12-year-old son for $10 per hour. She chooses to practice the piano. What is the opportunity cost of practicing the piano?






 
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