MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO PRINCIPLES OF ECONOMICS – MICROECONOMICS
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO PRINCIPLES OF ECONOMICS – MICROECONOMICS What is the fundamental economic problem? a) How to allocate resources efficiently b) How to maximize profits c) How to eliminate scarcity d) How to increase consumption Answer: c) How to eliminate scarcity Which of the following is not considered a factor of production? […]