Banking Marketing Aptitude Economics Question Bank Economics

  • question_answer Opportunity cost of production of a commodity is?                                                [SSC CPO 2009]

    A) The cost that the firm could have incurred when a different technique was adopted

    B)       The cost that the firm could have incurred under a different method of production

    C)       The Actual cost incurred

    D)       The next best alternative output 

    Correct Answer: D

    Solution :

    Not Available

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