The concept of choice in Economics refers to
...The concept of choice in Economics refers to
A decision between one thing and another
Ranking of wants in an ascending order
Selection of most pressing wants out of a range of alternatives
Ranking of wants on a table of preference
Separating defective commodities from non-defective ones
Correct answer is C
No explanation has been provided for this answer.
Subsistence farming means producing food ...
The optimum level of output of the firm is ...
A debenture share entitles its holder to ...
One of the major consequences of urban-based development programmes in Nigeria is that they ...
The largest part of the revenue of a country is derived from ...
A shift in the demand curve indicates ...
One main benefit of partnership is ...
The additional revenue obtained by using one more unit of a factor is called its ...