Q1190
Match List-I with List-II and select the correct answer: List-I List-II a. Real cost 1. Aggregate of accounting costs and implicit costs b. Money cost 2. Physical quantities of factors used in production c. Opportunity Cost 3. Monetary expenditure on inputs d. Economic cost 4. Sacrifice of alternative use of given resources
Match List-I with List-II and select the correct answer:
| List-I | List-II |
| a. Real cost | 1. Aggregate of accounting costs and implicit costs |
| b. Money cost | 2. Physical quantities of factors used in production |
| c. Opportunity Cost | 3. Monetary expenditure on inputs |
| d. Economic cost | 4. Sacrifice of alternative use of given resources |
A.
a-4, b-1, c-3, d-2
B.
a-2, b-3, c-4, d-1
AnswerC.
a-2, b-4, c-3, d-1
D.
a-3, b-1, c-4, d-2
Answer: Option B
Solution
Answer: Option B
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