A teacher has job from two school ABC of...

A teacher has job from two school ABC offers a salary of Rs. 14,000 and school PQR offers a salary Rs. 18,000. If the teacher at present draws a salary of Rs. 20,000 in school MNO, what will be opportunity cost?

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Present salary of a teacher in school MNO = Rs. 20,000
Two other alternatives (options to work) are :
School ABC which offers salary = Rs. 14,000
School PQR which offers salary = Rs. 18,000
Therefore,
Next best alternatives to school MNO = Rs. 18,000 (salary offered by school PQR).

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A teacher has job from two school ABC offers a salary of Rs. 14,000 and school PQR offers a salary Rs. 18,000. If the teacher at present draws a salary of Rs. 20,000 in school MNO, what will be opportunity cost?

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