Question

mr raman works as a production manager at a salary of ₹80000 per month in company A. he got a job offer from company B at a salary of ₹90000 per month and another job offer from company at₹95000per month .what is his opportunity cost of working as producer Manager in company.​

Answer 1

he will go for the job of 95,000 per month as per rational behaviour of a human being

opportunity cost is the next best alternative for gone

mr. raman who is currently working in a co. with a salary of 80,000 will have 2 opportunity

1st 95,000

2nd 90,000

hope my ans helps u,☺️