In a capitalist economy, the economic problem of what goo...
In a capitalist economy, the economic problem of what goods to produce is decided mainly by
Shadow prices
Profit level
Relative prices
A central planner
Correct answer is B
No explanation has been provided for this answer.
A firm achieves least cost in production by substituting factors until ...
A stock exchange is a market that ...
Malthus population theory stated that ...
There is an improvement in the terms of trade of a country if ...
Economist speaks about ‘opportunity cost’ when a consumer ...
One measure for financing a country's balance of payments deficit is through ...
Goods consumed out of habit have ...
1. Climate and availability of water largely determines the pattern of the population distrib...