Economics can be defined as
...Economics can be defined as
Reduction in spending in the face of competing alternative
Allocation of resources to alternative uses
Economic behaviour of small units like the household and the firm
The study of economic aggregates like inflation and national income
Correct answer is B
No explanation has been provided for this answer.
The equation MV PT is known as ...
The table above shows the short-run costs of a firm. What is the firm's marginal cost for the th...
In the theory of the consumer behavior, a consumer is said to maximize utility when ...
Which of the following is a bank's responsibility to it's shareholders? ...
Taxes levied on commodities are ...