In economics, desire backed by purchasing power is known as

Related MCQs

• The demand has three essentials ‐ Desire, Purchasing power and ………..
• The demand has three essentials‐ Desire, Purchasing power and ………..
• “…………in economics means demand backed up by enough money to pay for the goods demanded”
• _______ is known as father of economics
• Business Economics is also known as………….
• The famous book on economics “An Enquiry into the Nature and Cause of Wealth of Nation” was written by
• Welfare (neo classical) definition of economics is given by
• Basic economic tools of managerial economics does not include
• ______ is economic theory used in business whereas ______ is economics theory used in business and non-business organization
• Managerial economics is also called