Question: a. i. ii. What is given up in getting following things (opportunity cost) Ahmed can work full time or go to university to complete

a. i. ii. What is given up in getting following things (opportunity

a. i. ii. What is given up in getting following things (opportunity cost) Ahmed can work full time or go to university to complete graduation, he chooses university. iv. Ahmed can work full time or go to university to complete graduation, he chooses to work. A farmer can produce sugarcane or cotton. He has 10 hectares of land. 7 tons/hectare of sugarcane or 5 tons/hectare of cotton could be produce. What if he chooses to produce cotton? A farmer can produce sugarcane or cotton. He has 10 hectors of land. 7 tons of sugarcane or 5 tons of cotton could be produce. What if he chooses to produce sugarcane? (marks 06) b. You are farmer in area of Multan. And your major income is earned from selling oranges. So all your efforts are related with making your land more productive. You know that more you grow more you will earn. Arid agriculture university Rawalpindi after research found a new hybrid form of orange. Which will result in 20% increase per hector productivity. How would you react? This discovery makes you better off or worse off than before?

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