1.Which of the following
1 point
statements is true? *
.Economic problems arises only due
to scarcity of resources
.If new technologies are constantly
O evolved. Central problems can be
solved to the fullest
.Economic problem of how to
produce is the problem of choice
between labour intensive or capital
intensive techniques
O
.Opportunity cost is the cost of
second-best alternative.
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Answer:
1 true
2 true
3 false
4true
Explanation:
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