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What is the opportunity cost of spending

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Economics 1. You win Rs 10,000 in a horse race. You have a choice between spending the money now and putting it in a 5% FD. What is the opportunity cost of spending the Rs 10,000 now?

2. You go to the best restaurant in town and order a 5-course thali meal for Rs 1000. After eating just two courses, you realize that you are quite full. Your mother wants you to finish the dinner because "you've already paid for it." What should you do?

Reference no: EM133080079

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