• Mayur Vihar 3 Delhi, 110096 India

Back to Test Series
Chapter 9 The Price Puzzle What Drives the Market - Part 1

A person has ₹500 and buys a book instead of a shirt. The opportunity cost is:

Type: MCQ • Marks: 1
A person has ₹500 and buys a book instead of a shirt. The opportunity cost is:
Options
A. Zero
B. ₹500 in every case
C. The price of the book only
D. The value of the best alternative represented by the shirt
Paid test series. Purchase the package to see the correct answer and explanation. Purchase Now
Class 9th Understanding Society India and Beyond, Part I

Practice more

This page is indexed for search so students can find questions directly from Google.

Purchase Full Access View full Test Series Browse Test Series
Login / Register
Go Back Top