Economics is the study of human behaviour as it relates t...
Economics is the study of human behaviour as it relates to the
Efficient allocation of resources
Production of goods
Operation of companies
Generation of income
Correct answer is A
Economics as the study of human behaviour has to do with efficiently allocating scarce resources to satisfy human wants. These human wants are unlimited, hence humans would rationally allocate resources to wants that will give them the highest level of satisfaction.
Price fixed above the equilibrium is to ...
If government increases in its expenditure on public works, the desired effect is ...
In certain circumstances, a centrally planned economy adopts the rationing system because of ...
The petroleum industry in Nigeria is ...
The quantity of commodity a consumer is willing and able to buy at a particular time is called ...
The term of trade can be expressed as ...
'Choice arises because of scarcity of resources',In discussing this statement, Which of the ...
Total revenue is always equal to ...
An industry operating in a perfect competitive market situation will maximum profit when ...
Where is the headquarter of the African Development Bank (ADB) located? ...