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a person has 3 options for …

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a person has 3 options for keeping his rs 1000 savings 1 to deposit in bank and get 1050 after one year 2 to give to his friend and get 1100 back and 3 to keep with himself .....he decided to keep it with himself ...what would be his opportunity cost?

    • Posted by Nishika Arora 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Dev Narula 6 years, 7 months ago

    Point 2 i.e. to give his friend and get 1100 back.......because it is his next best alternative..

    2Thank You

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