Question Description
Opportunity cost of production of a commodity is -a)The cost that the firm could have incurred when a different technique incurred when a different technique was adoptedb)The cost that the firm could have incurred under a different method of productionc)The actual cost incurredd)The next best alternative outputCorrect answer is option 'D'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about Opportunity cost of production of a commodity is -a)The cost that the firm could have incurred when a different technique incurred when a different technique was adoptedb)The cost that the firm could have incurred under a different method of productionc)The actual cost incurredd)The next best alternative outputCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Opportunity cost of production of a commodity is -a)The cost that the firm could have incurred when a different technique incurred when a different technique was adoptedb)The cost that the firm could have incurred under a different method of productionc)The actual cost incurredd)The next best alternative outputCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Opportunity cost of production of a commodity is -a)The cost that the firm could have incurred when a different technique incurred when a different technique was adoptedb)The cost that the firm could have incurred under a different method of productionc)The actual cost incurredd)The next best alternative outputCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for SSC. Download more important topics, notes, lectures and mock test series for SSC Exam by signing up for free.

Here you can find the meaning of Opportunity cost of production of a commodity is -a)The cost that the firm could have incurred when a different technique incurred when a different technique was adoptedb)The cost that the firm could have incurred under a different method of productionc)The actual cost incurredd)The next best alternative outputCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Opportunity cost of production of a commodity is -a)The cost that the firm could have incurred when a different technique incurred when a different technique was adoptedb)The cost that the firm could have incurred under a different method of productionc)The actual cost incurredd)The next best alternative outputCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Opportunity cost of production of a commodity is -a)The cost that the firm could have incurred when a different technique incurred when a different technique was adoptedb)The cost that the firm could have incurred under a different method of productionc)The actual cost incurredd)The next best alternative outputCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Opportunity cost of production of a commodity is -a)The cost that the firm could have incurred when a different technique incurred when a different technique was adoptedb)The cost that the firm could have incurred under a different method of productionc)The actual cost incurredd)The next best alternative outputCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Opportunity cost of production of a commodity is -a)The cost that the firm could have incurred when a different technique incurred when a different technique was adoptedb)The cost that the firm could have incurred under a different method of productionc)The actual cost incurredd)The next best alternative outputCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice SSC tests.