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    • Question

      If a business has an opportunity cost of ₹20,000 for choosing one project over another, what is the economic cost?

      A ₹20 Correct Answer Incorrect Answer
      B Cannot be determined Correct Answer Incorrect Answer
      C ₹20,000 Correct Answer Incorrect Answer
      D ₹-20,000 Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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