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Match List-I with List-II and select the correct answer List-I List-II...

This question belongs to Commerce Economics
Economics
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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

Answer & Solution
Correct Answer: Option B
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