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  • Question 1
    1 / -0

    An economy always produces on, but not inside a PPC.

  • Question 2
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    Vinod Limited sold patents costing Rs.20,000 in Rs.22,000. Treatment will be ---

  • Question 3
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    What causes an economy to produce more of Good X and no less of Good Y?

  • Question 4
    1 / -0

    In Economics, a good is something which

  • Question 5
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    A Production Possibility Frontier shifts rightward if

  • Question 6
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    A PPC is downward sloping and____________ to the origin. Choose the correct option.

  • Question 7
    1 / -0

    A movement along a PPC implies

  • Question 8
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    One of the characteristics of economic resource is scarcity. Which is the other?

  • Question 9
    1 / -0

    The basic assumption regarding resources while drawing a PPC is

  • Question 10
    1 / -0

    As they see Opportunity cost means

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