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Chapter 9 The Price Puzzle What Drives the Market - 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 farmer's land
B. The cost of the tractor only
C. The price of wheat
D. The benefit that could have been obtained from barley
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Class 9th Understanding Society India and Beyond, Part I

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