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- Question 1 of 4
1. Question
A customer is hungry, his basic need here is to eat
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2. Question
He has many choices: eat at home, eat at KFC, eat a roti, etc… These are his wants
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3. Question
A pizza is sold at Rs 380. The cost of flour, tomato, cheese, salt, gas for cooking etc is Rs 120. The value added is:
Calculate
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4. Question
As a doctor, you charge Rs 700 for a medical consultation. You decide to go to the cinema, the movie-ticket is Rs 250 for 1h30; the equivalent of 5 consultations. The opportunity cost is:
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