A farmer sells land used for crops to a firm that will use the land for wind turbines to produce electric power. What is the opportunity cost of this decision by the farmer?
A.
the cost of installing wind turbines
B.
the loss of revenue from crops that grow on the land
C.
the profit made from selling the land
D.
the reduced cost of producing renewable energy
Exam No：0455_s21_qp_12 Year：2021 Question No：3
Answer:
B
Knowledge points:
1.3.1 definition of opportunity cost
Solution:
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