1.

Suppose an agricultural labourer earns Rs. 400 per day in her village. She gets a job to work as babysitter in a nearby town @ Rs. 700 per day. She chose to work as agricultural labourer. Which one of the following is the opportunity cost of the agricultural labourer?

A. Rs. 1,100
B. Rs. 700
C. Rs. 400
D. Rs. 300
Answer» E.


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