Home » Economics » The ranking of a consumer’s need in order of importance is termedThe ranking of a consumer’s need in order of importance is termed The ranking of a consumer’s need in order of importance is termed A. An opportunity cost B. Economies of scale C. A scale of preference D. The making of choice E. Direct production Correct Answer: Option C Explanation Related Posts The value of money is affected by the Economic growth can be accelerated through which of the following does not apply to private companies? The distinction between perfect competition and monoplistic competition is that the latter is characterized by Derived demand is normally used with reference to Which is considered the most effective tool by which the Central Bank of Nigeria can…
The distinction between perfect competition and monoplistic competition is that the latter is characterized by