1. The part of economic theory which studies the economy in its totality is
known as....
2.PPC is made with the assumption that........
a. the state of technology changes
b. resources are fully and efficiently used.
3.The laws of scarcity of resources states that..........
a. wants are unlimited.
b. wants are limited
c. Wants are important.
4. The scarcity of resources in relation to wants gives rise to..........
a. agriculture problem
b. economic problem
c. industrial problem
5. The branch of economics dealing with the allocation of resources is:
I
a. Macroeconomics
b. Microeconomics
c. Social Economics
d. Welfare Economics
Answers
Answered by
0
Answer:
sorry I can't understand the question
Answered by
2
Answer:
1.Microeconomics
2.b
3.a wants are unlimited
4.b.economic problem
5.b.microeconomics
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