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2010
Economics
POST UTME
The primary problem of economics is:
A.
to obtain more equitable distribution of money income
B.
production of a given output with the lowest cost combination of factors of production
C.
Adoption of capital- intensive technology
D.
Increasing the quantity of the fixed factor of production.
Correct Answer:
production of a given output with the lowest cost combination of factors of production
Explanation
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