Economics is best defined as the study of how to run a business profitably. Select one:...

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Economics is best defined as the study of how to run a business profitably. Select one: True False When two individuals or co

business economics

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Answer 1

Answer #1

a) False, its a study of resources at the time of scarcity not necessarily profit making firms.

b) False, they consume above the PPF and not inside the PPF.

c) "D"

First it will increase and then it will go on decreasing.

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Answer 2

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