Question: Project A is selected because it has a low cost of $2,000, it gives a rate of return of 8%, Project B was not selected,

Project A is selected because it has a low cost of $2,000, it gives a rate of return of 8%, Project B was not selected, it needs a higher cost of $5,000, it is projected to give a rate of return of 11%. What is the opportunity cost this ratio?

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