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Chapter 1 Unit II questions

For Chapter 1 Unit II questions Click Nature & Scope of Business Economics
QUESTION
Q14) The branch of economic theory that deals with the problem of allocation of resources is

Correct

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Solution:
The branch of economic theory that deals with the problem of allocation of resources is Micro-Economic theory.
Therefore, the answer is (a) Micro-Economic theory.
Correct option is (a)