If a major league baseball player would be willing to work for $500,000 per year and is currently being paid $1,200,000 per year, the opportunity cost of his decision to play baseball is

Name: If a major league baseball player would be willing to work for $500,000 per year and is currently being paid $1,200,000 per year, the opportunity cost of his decision to play baseball is
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The opportunity cost is the amount the player would be willing to accept to work, which is $500,000.

If a Major League Baseball Player Would Be Willing to Work