the opportunity cost of a worker going to the university is

Assessment: WAEC SSCE - Economics - 2017 (Objective) Subject: Economics

Question 1 Report

the opportunity cost of a worker going to the university  is

Answer Details
The opportunity cost of a worker going to the university is the wages given up to attend the university. This means that instead of working and earning a wage, the worker is choosing to attend the university and forgo their wages for that time period. The opportunity cost of going to university is the best alternative use of the worker's time, which in this case is their wage earning potential.

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