Younger workers have lower opportunity costs, therefore they sacrifice less of their earnings while they attend school.
The value or advantage forfeited by participating in a specific action when compared to engaging in a different activity is known as the opportunity cost.
It means that the person has two alternatives and must take the best alternative from the given one.
As the student is having low knowledge and has been giving up the opportunity to earn more in the future, what he is earning right now will be low as there will also be selective choices or jobs to earn.
Learn more about opportunity costs, here:
https://brainly.com/question/12121515
#SPJ4
