Question

If a firm hires a currently unemployed​ worker, the opportunity cost of utilizing the​ worker's services is zero. This statement is A. false because the​ worker's new wages are an implicit cost. B. false because the​ worker's time otherwise spent in unpaid household work has value. C. true because the​ worker's time otherwise has no value. D. false because the​ worker's time otherwise spent in leisure activities has no value. E. true because the​ worker's new wages are a sunk cost.

Answer 1

B. false because the​ worker's time otherwise spent in unpaid household work has value.

Step-by-step explanation:

In the situation it is mentioned that the firm is presently unemployed workers also the opportunity cost should be zero with respect to the service of the worker so it should be false as the time of the workers rather spending in non-paid household work contains the value

So as per the given situation, the option b is correct