In order to get your desired training for your dream job of being a financial analyst, you decide to pursue a one-year master degree in finance, which costs you $50,000 a year for the tuition, while you have to give up the job offer you've got as a human resource specialist, for which you can earn $45,000 a year. In this situation, what is your opportunity cost of pursuing the master degree of finance?

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The opportunity cost of pursuing the masters degree in finance is the valu... View the full answer