In the context of comparative advantage, what does the term 'opportunity cost' refer to?
Opportunity cost refers to the potential benefit that is lost when one alternative is chosen over another. In the context of comparative advantage, it measures the cost of forgoing the production of one good in order to produce another good.
Six people, R, S, T, U, V and W are sitting around a circular table facing towards the centre (but not necessarily in the same manner). One person is si...
Which of the following is R’s position?
Five friends B, C, D, E and F are sitting in a straight line all facing in the north direction. B is sitting at one of the extreme ends. Three people ar...
Who is sitting third to the left of Iti?
Who among the following like BMW Car?
What is the position of A with respect to D?
What will come in place of question mark (?) in the expression B + C @ D &E ? F, if it indicates D is father-in-law of F?
Who among the following sits opposite to J?
Which of the following pair sits in the extreme end?
Who among the following sits on the immediate left of Priya?
