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प्रश्न
True or False with Reason:
The opportunity cost of a machine which can produce only one product is high.
चूक किंवा बरोबर
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उत्तर
This statement is false.
Reason:
- Opportunity cost is the value of the next-best alternative foregone.
- If a machine can produce only one product, it has no alternative use, so its opportunity cost is zero.
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