ECO302 Quiz 1 Solution and Discussion

The cross elasticity of demand for complementary goods is: ECO302

Which branch of economics deals with the economy as a whole? ECO302

Which of the following has “Limited liability” for business debts? ACC501

Which of the following is a positive statement? ECO302

Which of the following is the basic problem/s of an economy? ECO302

Which of the following is TRUE for empirical generalizations: ECO302

In pure capitalism, __________ is/are considered as real owner/s of means of production: ECO302

In Islamic economic system, __________ is/are considered as real owner/s of means of production: ECO302