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Standard XII
Accountancy
Working Capital Turnover Ratio
What is the o...
Question
What is the opportunity cost of moving from point A to point B?
A
100 units of capital goods
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B
8 units of consumer goods
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C
90 units of capital goods
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D
10 units of capital goods
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Solution
The correct option is
D
10 units of capital goods
The opportunity cost of moving from point A to point B is
10
units of capital goods
(
100
−
90
)
.
Suggest Corrections
0
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Moving from point A to point D, what happens to the opportunity cost of producing each additional unit of consumer goods?
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