The choice of techniques of production is related to the problem of
A) what to produce
B) how to produce
C) for whom to produce
D) none of the above
Correct Answer:
Verified
Q13: Economic growth can be achieved through
A)advanced technology
B)expansion
Q14: Micro economics doesn't deal with:
A)the study of
Q15: Name the economist who analyses the subject
Q16: Transformation of inputs into outputs is known
Q17: ----- is an example of secondary input
A)land
B)labour
C)capital
D)raw
Q18: Odd-man out from the following
A)steel
B)medicine
C)education
D)train
Q20: The functional relationship between inputs and outputs
Q21: Firms owned by stock holders are known
Q22: The major objective of a firm is
A)profit
Q23: Which one of the following is an
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