Economics is the study of human behaviour as it relates t...
Economics is the study of human behaviour as it relates to the
Efficient allocation of resources
Production of goods
Operation of companies
Generation of income
Correct answer is A
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.
The curve labelled x is the ...
A form of tax in which the poor pay a higher rate than the rich is known as ...
Exchange control is a weapon used in regulating ...
Optimum population is defined as the level of population at which ...
A shift of the demand curve leftward from its original position indicate ...
Palm oil industry in located is Bendel State because the state ...
The following are the differences between domestic and international trade EXCEPT ...