What is the opportunity cost for an employee working at an efficiency wage job compared to a job paying the equilibrium wage?

• A. Non-existent, as opportunity cost only applies to consumer choices.
• B. Lower, because efficiency wage jobs are easier to find.
• C. The same, because opportunity cost is not affected by wage differences.
• D. Higher, because losing the efficiency wage job means accepting a lower-paying job.

Answer: (D)