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Suppose that cost A2 on a farm is Rs. 26450 and the rent of the leased in land is Rs. 2250. Cost A1 on this farm will be Rs.

A. 24,000

B. 28,700

C. 28,200

D. 28,000

Answer: Option B


This Question Belongs to Agriculture >> Agricultural Economics

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Comments (1)

  1. Keyur Kalola
    Keyur Kalola:
    12 months ago

    Cost A2 = cost A1 + rent paid for leased land
    26450 = cost A1 + 2250
    Cost A1 = 26450 - 2250
    Cost A1 = 24200

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