Business Studies, asked by Anitabaheti6292, 1 year ago

If a commodity is provided free to the public 1, by the Government, then
(a) the opportunity cost is zero.

(b) the opportunity cost is ignored.

(c) the opportunity cost is transferred from the consumers of the product to the tax-paying public.

(d) the opportunity cost is transferred from the consumers of the. product to the Government.

Answers

Answered by dazzler123
2
I think the answer is no. {D} : the opportunity cost is transferred from the consumers of the product to the Government.
Answered by Nyaberiduke
1

the opportunity cost is zero since the members of the public are provided with the commodity which in turn could have competed with another product in demand due to limited supply of resources, therefore one chooses the product he or she requires comfortably without the burden of foregoing another commodity to enjoy another one,


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