wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The Concept of Opportunity cost arises due to

A
Plenty resources
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Scarce resources
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
None
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Scarce resources
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> The concept of opportunity arises due to situation of scarcity of resources in first place.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Enantiomeric Excess
CIVICS
Watch in App
Join BYJU'S Learning Program
CrossIcon