MCQOPTIONS
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| 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. | |