A. efficient allocation of resources
B. production of goods
C. operation of companies
D. generation of income
Correct Answer:
Option A – efficient allocation of resources
Explanation
Economics as the study of human behaviour has to do with efficiently allocating scarce resources to satisfy human wants. These human wants are unlimited, hence humans would rationally allocate resources to wants that will give them the highest level of satisfaction.
Hypothesis Testing
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Sources Of Literature - Project Writing
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Research Proposal Vs Research Abstract - Educational Research
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