An ISO – Product curve slopes?

A) Downward to the left

B) Downward to the right

C) Upward to the left

D) Upward to the right

The capital-output ratio is determined by?

A) Sectorala allocation of capital

B) Level of economic activity

C) Human and natural resources

D) All of these

Advertisements

According to Classical Theory utility?

A) Can not be expressed in number

B) Can be expressed in number

C) Can be tanked

D) None of these

Advertisements