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.
What is 'Judima'?
Which of the following is used for measuring the rate of transpiration?
Which plant tissue is responsible for making the plant hard and stiff?
Which of the following is not classified as a Bio-fertilizer?
Which phylum does the genus 'Fasciola', known as liver flukes, belong to?
Which one is an Anticoagulant Substance in the blood?
What is the name of India's first oral contraceptive pill developed by Dr. Nitya Anand?
Name a reproductive strategy in which parasites take advantage of the care of other individuals of the same species or different species to raise their ...
Fermentation is aÂ
Which vitamin is also referred to as Tocopherol?Â
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