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Introduction of Micro-Economics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIntroduction of Micro-Economics1 Mark
Question
Ms Pratima decided to go for higher studies after her graduation rather than opting for a job. What will be her opportunity cost of going for studies.
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Answer

Opportunity cost will be equal to the sum total of the amount of salary which she would earned opting for the job and the cost of higher education.

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