The problem of allocation of resources is concerned with:

Related MCQs

• The problem of what to produce is a problem of:
• The resources are :
• The subject matter of economics is concerned with
• Law of variable proportions is concerned with
• If the income elasticity of demand for a commodity is found to be 0.4, then the commodity concerned is:
• The economic problem arises since
• Economic problem arises in
• The distribution of national product among the members of the society is the problem of:
• The choice of techniques of production is related to the problem of