In a subsistence economy?
...In a subsistence economy?
There is no shortage of goods and services
The state is the sole owner of resources
Production is largely oriented towards consumption in the rular sector
There is no exchange of goods and services
Women predominate in all economic activities
Correct answer is C
No explanation has been provided for this answer.
The concept of marginal utility indicates the relationship between utility and _________? ...
One of the characteristics of oligopoly is the availability of ...
Land is often different from other factors of production because it ...
Governments in West Africa can curtail inflation by ...
In the theory of the consumer behavior, a consumer is said to maximize utility when ...
One of the assumptions of ordinal utility in consumer behaviour is that ...