MCQOPTIONS
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| 1. |
Suppose the total cost of production of acommodity X is Rs.1,25,000 out of which implicit cost 35,000 and normal profit is25,000. What would be thenexplicit cost of commodity? |
| A. | 90,000 |
| B. | 65,000 |
| C. | 1,00,000 |
| D. | 60,000 |
| Answer» C. 1,00,000 | |