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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Which one of the following is not a point in the Welfare Definition of Economics? - Economics

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Question

Which one of the following is not a point in the Welfare Definition of Economics?

Options

  • Study of an ordinary man

  • Economics does not focus on wealth alone

  • Economics is the study of material welfare

  • Economics deals with unlimited wants and limited means

MCQ
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Solution

Economics deals with unlimited wants and limited means

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Chapter 1: Introduction to Micro Economics - Model Questions - Part A [Page 22]

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Samacheer Kalvi Economics [English] Class 11 TN Board
Chapter 1 Introduction to Micro Economics
Model Questions - Part A | Q 13 | Page 22
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