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.
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
- Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance wi...
In each question below are given two statements followed by two conclusions numbered I and II. You have to take the two given statements to be true eve...
Some slippers may be boots. Some socks are not rubbers. Some rubbers are not slippers
Statements:
Only Sun are Moon.
Only few Sun are Star.
All Star are Gas.
Conclusion:
I. Some Gas are Moon.
In the following questions below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tr...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements: All pens are papers.
Some papers are not books.
All books are pencils.
Conclusions...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
- Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance wi...
Relevant for Exams:
