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SSC CHSL 2021 PYQ — Question 50

SSC CHSL - 15 April 2021 - Shift 2 • General Awareness • Q50

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Which of the following does NOT have an opportunity cost?

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e. Sunlight.

  • Sunlight does not have an opportunity cost.
  • The opportunity cost is time spent studying and that money to spend on something else.
  • The formula for calculating an opportunity cost is the difference between the expected returns of each option.