The act of making goods and services is called
Distribution
Consumption
Production
Profit
____________ is the process through which human wants are satisfied.
One who buys goods to satisfy his own or other persons needs is called
Producer
Consumer
Seller
Investor
The word statistics is used in ___________ distinct senses.
Two
Three
Four
Five
Statistics deals with
Collection of data
Factors of production
Information technology
Who is the provider of goods or services?
____________ involves collection and organizing of data.
Economics
Policies
Statistics
Variables
Manufacture of goods by produces for the market is
Economic facts are in the form of .....................
Policy
Data
Information
__________ is the root of all economic problems.
Wants
Resources
Scarcity
Limited