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ICSE - IX - Economics - Basic Problems of an Economy
Mention three fundamental economic problems faced by a society.
Asked by manjuchello4
13th September 2023,
11:11 AM
ICSE - IX - Economics - Basic Problems of an Economy
Differentiate between economic growth and economic development.
Asked by Topperlearning User
17th February 2016,
11:23 AM
ICSE - IX - Economics - Basic Problems of an Economy
What do you understand by the term ‘Scarcity’?
Asked by Topperlearning User
17th February 2016,
11:22 AM
ICSE - IX - Economics - Basic Problems of an Economy
Explain the under-utilisation of resources with reference to the production possibility curve.
Asked by Topperlearning User
15th April 2015,
2:27 PM
ICSE - IX - Economics - Basic Problems of an Economy
State the characteristics of PPC.
Asked by Topperlearning User
15th April 2015,
2:27 PM
ICSE - IX - Economics - Basic Problems of an Economy
PPC is also known as the transformation curve or the production possibility boundary. Give reasons.
Asked by Topperlearning User
15th April 2015,
2:27 PM
ICSE - IX - Economics - Basic Problems of an Economy
What does the production possibility curve mean?
Asked by Topperlearning User
15th April 2015,
2:27 PM
ICSE - IX - Economics - Basic Problems of an Economy
Explain in brief the problem of welfare maximisation.
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15th April 2015,
2:27 PM
ICSE - IX - Economics - Basic Problems of an Economy
Explain the problem ‘for whom to produce’.
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15th April 2015,
2:27 PM
ICSE - IX - Economics - Basic Problems of an Economy
Explain the central problem of how to produce.
Asked by Topperlearning User
15th April 2015,
2:27 PM
