Economy, asked by gamingganster2407, 2 months ago

Suresh is working at a salary of 45000 per month. He receives two job offers-  i) As a teacher at a salary of Rs 30000 per month  (ii) sales manager at a salary of Rs 25000 In the above case, his opportunity cost will be​

Answers

Answered by svarabari71
0

Answer:Rs.30,000

Explanation:

A benefit, profit, or value of something that must be given up to acquire or achieve something else. Since every resource (land, money, time, etc.) can be put to alternative uses, every action, choice, or decision has an associated opportunity cost. So, the best alternative forgone by Ramesh is his salary as an accountant of Rs. 30,000.

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