BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Below are the three main economic choices EXCEPT:
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What should be produced?
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How should it be produced?
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For whom should it be produced?
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Why it is produced?
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Explanation:
Detailed explanation-1: -Scarcity, Choice, and Cost All choices mean that one alternative is selected over another. Selecting among alternatives involves three ideas central to economics: scarcity, choice, and opportunity cost.
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