A. production of goods and services is less than optimum
B. output per head is at its highest with a given volume of resources
C. total production increases with a given volume of resources
D. national resources increase as population increases
E. working population rises at a geometrical rate
Correct Answer:
Option B – output per head is at its highest with a given volume of resources
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…