Which of the following definition of Economics include the concept of “scale of preference?
Economic is primarily a study of__________.
The creation of utility by the way of marketing is called as_________.
The definition of Economics given by Alfred Marshall has neglected_________.
Rent , wages, interest and profit are related to the term__________.
Economic is a____________.
Economics laws are_________.
Agricultural economics is an applied field of_______.
Study of the economy as a whole (national level) is known as___________.
Micro economics theory deals with_______.
Economic behavior of individual economic decision making units
Economy as a whole
Economic growth of the society
Normative economic theory deals with______.
What is or how the economic problem facing the society are solved
What to Produce
How the problem should be solved
How to produce
In a mixed economy which sector(s) is/ are found______.
Public sector only
Both a and b
Economic resources are________.
Limited in supply but have alternative uses
Limited in supply and use
The famous book “An enquiry into the nature and causes of wealth of Nation” was written by –_________.
The famous book “An enquiry into the nature and causes of wealth of Nation” was published in-_______.
Economics cannot be considered a perfect science because_______.
Human behaviour is unpredictable
Economist do not have common opinion about a particular economic event
It is difficult to make correct prediction of economic variables
All the three
The basic assumption of an economic analysis is/ are________.
________is known as father of economics.
J R Hicks
44. ________ is the power regulated of all the economy activity in capitalistic economy.
__________refers to destruction of utility.
Consumption is destruction of __________.
Utility of goods
All a, b & c
Production is ______.
Creation of utility
Destruction of utility
Distribution of good
Consumption Goods are also called goods of the_________.
Which of the following is/ are not an economic resource?
Which of the following is/ are an economic resource?
All the three
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