ECONOMICS (CBSE/UGC NET)

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ECONOMICS

OPPORTUNITY COST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Apple can make 1, 000 iPhones or 600 iPads in their factory each day. What is the opportunity cost of making each iPhone?
A
3/5 iPad
B
3/5 iPhone
C
5/3 iPads
D
5/3 iPhones
Explanation: 
There is 1 question to complete.
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