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For Maximisation of Profit / Employment of Factors, money helps producers decide what?

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Question

For Maximisation of Profit / Employment of Factors, money helps producers decide what?

Options

  • How to remove double coincidence of wants

  • How many units of each factor to employ

  • How to transfer a house

  • How to store perishable goods

MCQ
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Solution

Money helps producers decide how many units of each factor to employ. This decision is part of Maximisation of Profit / Employment of Factors.

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