A. Alternative
B. Opportunity cost
C. Consumer cost
D. Producer cost
Economics Mcqs
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A. Alternative
B. Opportunity cost
C. Consumer cost
D. Producer cost
A. Are always found
B. Can never decease
C. Always increase over time
D. Are limited at any moment in time
A. 1901
B. 1969
C.1945
D. 1968
Submitted by: Manzoor Ahmed Hoth
A. irrational behavior
B. a lazy person
C. marginal benefit-marginal cost analysis
D. programmed learning
Submitted by: Mansoor Ul Haque
A. is a reality that underlies economic behavior
B. has the same meaning as selfishness
C. is more characteristic of men than of women
D. is usually self-defeating
Submitted by: Mansoor Ul Haque
A. people are greedy
B. productive resources are limited
C. human beings are inherently insecure
D. people are irrational
Submitted by: Mansoor Ul Haque
A. look for and pursue opportunities to increase their utility
B. generally disregard the interests of others
C. are mainly creatures of habit
D. are unpredictable
Submitted by: Mansoor Ul Haque
A. marginal cost
B. rational outcome
C. status fulfillment
D. utility
Submitted by: Mansoor Ul Haque
A. versatility and flexibility
B. rationality
C. pleasure and satisfaction
D. purposefulness
Submitted by: Mansoor Ul Haque