A. wants are unlimited

B. resources are limited

C. resources are capable of alternative uses

D. all of the above

A. planned economies

B. free market economies

C. mixed economies

D. all of the above

A. limited

B. unlimited

C. not only limited but are capable of alternative uses

D. none of the above

A. sunlight

B. car

C. petrol

D. computer

A. producing things which are capable of satisfying human wants

B. creation or addition of utilities

C. transformation of inputs into output

D. all of the above

A. what to produce

B. how to produce

C. for whom to produce

D. all of the above

A. what to produce

B. how to produce

C. for whom to produce

D. all of the above

A. per capita income

B. study of a firm

C. individual income

D. theory of factor pricing

A. national income

B. per capita income

C. disposable income

D. individual income

A. micro economics

B. macro economics

C. welfare economics

D. international economics