Current Affairs Quiz 2024
GK
Courses
Aptitude
Banking
English
UGC NET
Banking System and Capital Market Questions and Answers for Competitive Exams
Home
/
General Knowledge
/
the-opportunity-cost-of-a-factor-of-production-is
By
Gkseries
see more questions
Q.
The opportunity cost of a factor of production is
[A] What it is earning in its present use
[B] What it can earn in the long period
[C] What has to be paid to retain it in its present use
[D] What it can earn in some other use
Answer & Explanation
Answer: Option [D]
DOWNLOAD CURRENT AFFAIRS PDF FROM APP
← Go To First Question
Go To 308 of 397 Q.→
Read More Economics Solved Questions
Click Here to Read more questions