The basic economics problem of what to produce arises as ...
The basic economics problem of what to produce arises as a result of
Competing demands for scarce resources
Excessive supply
The availability of too many experts
The failure of the price system
The reduction of poverty
Correct answer is A
No explanation has been provided for this answer.
The frequent value that occurs most in a data is ...
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An upward movement along the same supply curve result in_____________ ...
A major obstacle to the development of Nigeria economy is ...
A commercial bank can create money by ...
If elasticity of demand is greater than 1 and less than infinity, demand is said to be ...
In the long run, a firm in a perfectly competitive market will make ...