Question

1. true or false: a worker with a full - time job earning $50,000 per year decides to return to school to complete a masters degree that will enable her to increase her salary. the opportunity cost of this choice is the $50,000 income she will earn while focusing her time and energy on school in the meantime.

Explanation:

Opportunity cost is the value of the next - best alternative forgone. When the worker returns to school, the opportunity cost is not the $50,000 she would earn while in school (since she won't earn that if she's in school), but rather the $50,000 income she gives up by leaving her job to study.

Answer:

False