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Chapter 8 Building Blocks in Economics the Problem of Choice - Part 1

If a farmer chooses wheat instead of barley, what is the opportunity cost?

Type: MCQ • Marks: 1
If a farmer chooses wheat instead of barley, what is the opportunity cost?
Options
A. The price of wheat
B. The cost of the tractor only
C. The benefit that could have been obtained from barley
D. The farmer's land
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Class 9th Understanding Society India and Beyond, Part I

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