Harish earn Rs. 10 lakhs per year from his business. He gets an offer from a company to work at a salary of Rs.8,40,000 per year. Determine opportunity cost of Harish.

Harish earn Rs. 10 lakhs per year from his business. He gets an offer

1.	Harish earn Rs. 10 lakhs per year from his business. He gets an offer from a company to work at a salary of Rs.8,40,000 per year. Determine opportunity cost of Harish.
Answer» SOLUTION :The oportunity cost of Harish is Rs. 8,40,000, that he can EARN in the next BEST alternative.