642: If a commodity is provided free to the public by the Government, then
(a) the opportunity cost is zero.
(b) the opportunity cost is ignored.
(c) the opportunity cost is transferred from the consumers of the product to the tax-paying public.
(d) the opportunity cost is transferred from the consumers of the product to the Government.
645: The product life cycle from inception to demise is shown in the graph. Match List I with List II and select the correct answer using the codes given below the Lists :
Codes:
(a) I-A, II-D, III-B, IV-C
(b) I-A, II-D, III-C, IV-B
(c) I-D, II-A, III-B, IV-C
(d) I-D, II-A, III-C, IV-B