18. The government of your state is planning to construct a by-pass around a very busy
market town. The new road would run through wetands bordering a local river
where a wide range of different creatures live. So, the environmentalists are against
the project. The educationist and other wanted the money to be used to build a
engineering college and to improve the existing poor health facilities. The
government decide to go ahead with the road construction. What is the opportunity
cost in this case?
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Approximately Rs. 88 million
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The government of your state is planning to construct a by-pass around a very busy
market town. The new road would run through wetlands bordering a local river where a
wide range of different creatures live. So, the environmentalists are against the project.
The educationist and other wanted the money to be used to build an engineering college
and to improve the existing poor health facilities. The government decide to go ahead
with the road construction. What is the opportunity cost in this case?
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