0 votes
in General Knowledge by (773k points)
A doctor has a private clinic in New Delhi and his annual earnings are Rs 10 lakh. If he works in a government hospital in New Delhi, his annual earning will be Rs 8 lakh. What is the opportunity cost of having a clinic in New Delhi?

1 Answer

0 votes
by (773k points)
 
Best answer
Answer: The opportunity cost of opening a clinic in New Delhi is Rs 8 lakh, that he could have earned in the next best alternative use, by working in a government hospital in New Delhi.
Welcome to the Answerine , a great place to find, read and share your favorite questions and answers.
...