A teacher is getting Rs. 6,000 per month...

A teacher is getting Rs. 6,000 per month as salary. If he leaves the job and starts tuition work, he is expected to earn Rs. 5,000 per month. What would be his opportunity cost?

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The opportunity cost of school job is Rs. 5,000 p.m., that the teacher could have earned in the alternative use, by doing tuition work.

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