Question

the opportunity cost, wheat, gram, mustard​

Answer 1

Answer:

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Answer 2

Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another. It the cost for the next best option chosen.

Here, Opportunity cost will be that of producing rice by sacrificing wheat production.

Marginal Opportunity Cost=

Gain of Rice Production

Loss of Wheat Production

=

4,000

10,000

= 2.5