Chapter 9 The Price Puzzle What Drives the Market - Part 4

Which decision has an opportunity cost?

Type: MCQ • Marks: 1
Which decision has an opportunity cost?
Options
A. Receiving an unlimited resource
B. Choosing to attend a coaching class instead of playing cricket
C. Doing nothing when no alternative exists
D. Having an unavoidable natural event
Explanation
Explanation: The opportunity cost is the value of the next best alternative forgone.
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Class 9th Understanding Society India and Beyond, Part I

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