Questions

Indian airline INDIGO gets India’s first A321Neo plane.

Lord William Bentinck was the Governor-General who prohibited practice of 'Sati' in the year 1829.

Opportunity cost is the cost of other alternative choices for making your interested choice of work. Oppurtunity cost is also called as alternative cost.

For example on a holiday, you have two choices to do, either you can go to movie or a function. And if you chose to go to moavie, the oppurtunity cost of going to movie is the value that would have gotten if you had gone to function.

The law of increasing opportunity costs states that as you increase production of one good, the opportunity cost to produce an additional good will increase.

A negative supply shock in the sho rt run causes the aggregate supply curve to shift to the left.