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Yogita Ingle 6 years ago
Opportunity cost in economics can be defined as benefits or value missed out by business owners, small businesses, organization, investors, or an individual because they choose to accomplish or achieve anything else. It helps organizations in better decision-making by showing the lost opportunity because of investing over an alternative which can be anything like shares, stock market, real estate, land, services, etc. Generally, the financial report does not show the opportunity cost because it is not only about money or monetary cost. It is also associated with the lost time invested somewhere else which is providing utility. In simple terms, it is a concept in microeconomics that tells you about the output and potential opportunities foregone.
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Meghna Thapar 5 years, 3 months ago
Importance of classification:
(i) It makes the study of such a wide variety of organisms easy.
(ii) It projects before us a good picture of all life forms at a glance.
(iii) It helps us understand the interrelationship among different groups of organisms.
(iv) It serves as a base for the development of other biological sciences such as biogeography etc.
(v) Various fields of applied biology such as agriculture, public health and environmental biology depends on classification of pests, disease vectors, pathogens and components of an ecosystem.
Posted by Haiderabbas Aghariya 6 years ago
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Yogita Ingle 6 years ago
If the net external force acting on a system of bodies is zero, then the momentum of the system remains constant. This is the basic law of conservation of linear momentum.
1) When a bullet is fired from a gun, the recoil of the gun can be explained on the basis of the law of conservation of linear momentum.
2) When a heavy nucleus at rest disintegrates into two smaller nuclei, the products move in opposite directions, obeying the law of conservation of linear momentum.
3) The motion of rockets is obeyed by the law of conservation of linear momentum.
Muskann Tiwari 6 years ago
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Yogita Ingle 6 years ago
The Regional Continuity model of human origin asserts that modern Homo sapiens developed from different regional populations of archaic Homo sapiens that had previously evolved from regional populations of Homo erectus.
The replacement model asserts that there was a single origin of Homo sapiens in Africa and that these anatomically modern humans migrated out from Africa and replaced all other lesser-evolved humans throughout Europe and Asia.
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Kavya Singh Gaur 6 years ago
1Thank You