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Identify The Combination Of Basic Resources Allocation Questions In Economic Analysis? - Erudites Academy
Economics JAMB

Identify the combination of basic resources allocation questions in economic analysis?

(i) What and how much will be produced
(ii) How will it be produced
(iii) For whom will it be produced
(IV) How much will be exported and consumed?

A. i, ii and iii
B. i, ii and iv
C. i, iii and iv
D. ii, iii and iv

Correct Answer:

Option A – i, ii and iii

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