MICRO ECONOMICS : PREVIOUS YEAR QUESTIONS :: ECONOMICS

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645

2018

If a commodity is provided free to the public by the Government, then

(a)the opportunity cost is zero.

(b)the opportunity cost is ignored.

(c)the opportunity costs is transferred from the consumers of the product to the tax-paying public.

(d)the opportunity cost is transferred from the consumers of the product to the Government.

ANS:C

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