Question

1. There are two main activities in an economy such as_______ and ________.

2. ____________is a process of combining various material inputs and immaterial inputs in order to make something for consumption.

3. _________ means want satisfying power of a product.

4. According to the nature of utilities they are classified into _______utility, ______utility and _______utility.

5. There are ________ types of production.

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Answer 1

Answer:

1. Inputs and resources
2. Production
3. Economic well-being
4. Out put, good or service, value
5. Three

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Answer 2

Answer:

same as above anwered....