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18 July, 16:24

Which statement is false?

A) Land is the primary factor of production used in the production of all goods and services.

B) An entrepreneur combines all the factors of production.

C) Growth in the economy shifts the PPC left.

D) An economy is efficient if it maximizes utilization of all the available scarce resources.

Answers (1)
  1. 18 July, 16:58
    A) is false, all others are true
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