Unemployed person Ramesh is looking out …
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Unemployed person Ramesh is looking out of job Ramesh received to job offers one for 20000 from ICICI bank and other offer of 15000 from HDFC Bank what is opportunity cost of Ramesh if he accept the offer of ICICI Bank
Posted by Akash Jain 6 years, 2 months ago
- 2 answers
Hir Thakker 6 years, 2 months ago
If we count in terms of total opportunity cost:
Opportunity cost = total loss of output of opportunity 1 = 15000.
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Anuradha Nitin 6 years, 2 months ago
0Thank You