The economic wealth of this country is primarily the result of-09138
The economic wealth of this country is primarily the result of the profit made by some individuals at the expense of others. The person who made this statement
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.6.
The economic wealth of this country is primarily the result of the profit made by some individuals at the expense of others. The person who made this statement
has failed to comprehend that mutual gains result from specialization and exchange.
has failed to comprehend the fallacy of composition.
has failed to understand the significance of the production possibilities constraint.
has utilized the economic way of thinking; the statement is essentially correct.