Question
“As we increase the production of one good, the
opportunity cost to produce the additional good will also increase”, this is stated inSolution
The law of increasing opportunity cost states that as we increase the production of one good, the opportunity cost to produce the additional good will also increase. Opportunity cost is the value of the next-best alternative when a decision is made. It is also known as alternate cost.
Indian Railways' technical advisor Research Design and Standards Organisation (RDSO), with the which public sector Oil company has developed a special f...
Which animal is represented by the mascot "Moga" for the 37th edition of the Indian National Games 2023?
Which of the following led to the introduction of English Education in India?
1. Charter Act of 1813
2. General Committee of Public In...
What is the theme of the 54th annual meeting of the World Economic Forum?
What is the name of the special campaign initiated by the Uttarakhand Police to ensure cleanliness at pilgrimage sites and tourist destinations in Uttar...
In which year were two additional Election Commissioners appointed to the Election Commission of India?Â
Which article of the Indian Constitution deals with the appointment of the Governor of a state?
Nayab Saini has been appointed as the new Chief Minister (CM) of which Indian state? ?Â
Who has been appointed as the new CEO of the International Cricket Council (ICC) in 2025?
Recently, which India-born author has been named the winner of the 2023 British Academy Book Prize?
Relevant for Exams:
