English

From the set of statements given in Column I and Column II, choose the correct pair of statements: Column I (a) Microeconomics (b) Normative Economics (c) Opportunity Cost

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Question

From the set of statements given in Column I and Column II, choose the correct pair of statements:

Options

  • Column I Column II
    (a) Microeconomics (i) Tools are aggregate demand and aggregate supply
  • Column I Column II
    (b) Normative Economics (ii) Aims to determine the ideals
  • Column I Column II
    (c) Opportunity Cost (iii) Cost of best alternative
  • Column I Column II
    (d) Production possibility frontier (iv) Convex shaped
MCQ
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Solution

Column I Column II
(b) Normative Economics (ii) Aims to determine the ideals
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Chapter 1: Introduction - OBJECTIVE QUESTIONS [Page 1.31]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 1 Introduction
OBJECTIVE QUESTIONS | Q 1. | Page 1.31
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