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Central Problems & the PPC · Question 25 of 87

Question 25

MediumOriginal question

A choice between labour-intensive and capital-intensive technique is made after deciding

Options for question 25

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. The method can be chosen only once the good to be made is known.

  2. So 'how' follows 'what'.

Concept
Order of the central problems
Typical time
70 s
Your time
—
The rule this testsScarcity and the central problems
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Ten questions from Central Problems & the PPC, at your own pace.

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Ten questions from Central Problems & the PPC, at your own pace.

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