Three basic decisions must be made by all economies What are-09090
Three basic decisions must be made by all economies. What are they?
This multiple choice question (MCQ) is related to the book/course
vu eco402 Microeconomics.
It can also be found in
vu eco402 Final Term - Quiz No.1.
Three basic decisions must be made by all economies. What are they?
how much will be produced; when it will be produced; how much it will cost
what the price of each good will be; who will produce each good; who will consume each good
what will be produced; how goods will be produced; for whom goods will be produced
how the opportunity cost principle will be applied; if and how the law of comparative advantage will be utilized; whether the production possibilities constraint will apply
