MCQOPTIONS
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| 1. |
If any article is made available free of cost to the public by the government, then - |
| A. | Option cost is zero. |
| B. | Option cost is ignored. |
| C. | The substitute cost is transferred from the consumer of the product product to the tax paying public. |
| D. | The substitute cost is transferred from the consumer of the product to the government. |
| Answer» D. The substitute cost is transferred from the consumer of the product to the government. | |