Question
Economics is making choices in the presence of _______.
Solution
Economics is about making choice in presence of scarcity because of the fact that our wants are unlimited and the resources to fulfil them are limited. so we have to make choice between the scarce resources, therefore we can say that the economics is about making choice in scarcity
More Basics of Marketing Management Questions
?2 + 114 - 48 ÷ 2 × 5 = 163
What will come in the place of question mark (?) in the given expression?
√1936 + (84 ÷ 2 × 1.5) – 35² + 18² = ?
19 × ? = 361 ÷ 19
What will come in the place of question mark (?) in the given expression?
{180 + (2250/15)} ÷ 11 = ?2 + 14
182 + 10 × 12 - ? = 312
- Calculate the value of x if x% of 400 plus {800 ÷ x of 8} × 4 is equal to 88
Solve the following:
523 + 523 x 523 ÷ 523
(630 ÷ 35) × 2 + 144 = ? × 2
 {(481 + 426) 2 - 4 × 481 × 426} = ?
(42% of 1500 + 170) ÷ 4 = ?2 - 52Â
