Which of the following decreases a person's implicit cost of engaging in the illegal production of marijuana?

Question

Quizplus · Accepted Answer

Unemployment decreases a person's opportunity cost of engaging in the illegal production of marijuana because they may not have a legal job to compare it to. Option A, concern about social standing, increases the opportunity cost as it may affect their reputation negatively. Option C, an intense fear of incarceration, increases the opportunity cost as they may lose their freedom. Option D, a high probability of getting caught, increases the opportunity cost as the potential fines or legal fees may outweigh the benefits of producing marijuana. Therefore, only option B decreases the opportunity cost.

Which of the Following Decreases a Person's Implicit Cost of Engaging