Created by smitasaha.23
over 8 years ago
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Question | Answer |
define: economy scarcity Economizing Economic problems | |
reasons for economic probs | |
features of resources and human wants | |
define: economics | |
diff b/w micro macro | |
central problems of an economy | |
allocation of resources | |
what to produce | |
how to produce | |
for whom to produce | |
define: opportunity cost PPF | |
assumptions of PPF | |
MOC MRT | |
characteristics of ppf | |
ppf schedule |
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