1. According to the preclassical or Physiocratic school (1756–78) and classical economists (1776–1890) typically which of the followings is not one of the three major categories of basic resources essential to the production of goods and services? О а. Сарital O b. Land Ос. O c. Labour O d. Entrepreneurship
1. According to the preclassical or Physiocratic school (1756–78) and classical economists (1776–1890) typically which of the followings is not one of the three major categories of basic resources essential to the production of goods and services? О а. Сарital O b. Land Ос. O c. Labour O d. Entrepreneurship
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter2: Choice In A World Of Scarcity
Section: Chapter Questions
Problem 21CTQ: It is clear that productive inefficiency is a waste since resources are used in a way that produces...
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