opportunity cost-1) 8000 rupees per month 2) 10000 per month 3) 15000 per month which is the opportunity cost from these and explain it
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(ECONOMICS CLASS 11TH)
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Answer:
Explanation:
Opportunity cost is the value of next best alternative that has been given up.
therefore, in this question OC is 15000 rs per month
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in this opportunity cost value is 15000 per month
because in this opportunity cost is referred to the loss of output of good-y when the resources shifted from the production of good-Y to the production of good x
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