Question
When increasing the output of one product is only
possible by reducing the output of another due to the limited availability of resources, the relationship between the two products is:Solution
Competitive products require similar resources; increasing production of one reduces the availability of resources for the other, hence reducing its output.
The Principle of Res-Judicata does not apply when?
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In the case of Rupchand vs Raghuwanshi 1964, the Supreme Court has held that:
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