In Economics, want means…………aspiration
Endless
Qualitative
Quantifiable
Satisfied
Correct answer is A
No explanation has been provided for this answer.
The indices used to measure the cost of living is
Consumption expenditure
National income
Per capital income
Price index
Savings and investment
Correct answer is D
No explanation has been provided for this answer.
Motive
Aim
Determination
Self discipline
None of the above
Correct answer is A
No explanation has been provided for this answer.
For whom to produce
How to produce
Resource allocation
What to produce
When to produce
Correct answer is B
No explanation has been provided for this answer.
Arrangement of wants in order of importance is brought about by
Excess supply of goods
Interest in doing so
Scarcity of resources
Opportunity cost
Limited wants
Correct answer is C
No explanation has been provided for this answer.