Advertisements
Advertisements
प्रश्न
A student has ₹100 and must choose between buying a notebook or saving the money for buying a tennis racket later. Which economic concept best explains this situation?
पर्याय
Demand
Opportunity cost
Production
Inflation
MCQ
Advertisements
उत्तर
Opportunity cost
Explanation:
The student has only ₹ 100 and cannot buy both the notebook and the tennis racket. If the student buys the notebook, they have to give up the chance to save the money for the tennis racket. This is called opportunity cost because choosing one option means giving up the other.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
