The basic and essential economic problems in a community ...
The basic and essential economic problems in a community are related to choice and________
Freedom
Scarcity
Social class
Politics
Correct answer is B
Every society is faced with the economic problem of choice and scarcity.
The demand for factors of production is said to be ...
Which of the following is NOT associated with minimum price legislation? ...
When total revenue is at a maximum, marginal revenue is? ...
When a variable is associated with time period, it is____________ ...
If real income increases while nominal income remains the same, it can be inferred that ...
Devaluation of a currency in a country is likely to lead to ...
Malthus contention is that ...