Suppose that the cost of producing 1,000 units of a product by a Firm is ₹15,000 The entrepreneur has invested ₹ 50,000 in the business and the…

CA Foundation · Business Economics · PYQS · September 2025
Suppose that the cost of producing 1,000 units of a product by a Firm is ₹15,000 The entrepreneur has invested ₹ 50,000 in the business and the normal rate of return in the market is 10%. What will be the implicit cost?
(A) A. ₹ 5,000
(B) B. ₹1,500
(C) C. ₹ 6,500
(D) D. ₹ 2,000

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹ 5,000

Topics: Theory of Production and Cost

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