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Questions and Answers
What is the study or science of the production, distribution, and consumption of goods and services?
What is the study or science of the production, distribution, and consumption of goods and services?
- Ethics
- Engineering Economy
- Management
- Economics (correct)
Which term refers to the cost or profit situation regarding a practical enterprise or project?
Which term refers to the cost or profit situation regarding a practical enterprise or project?
- Distribution
- Engineering Economics
- Project Economy
- Economy (correct)
What discipline is concerned with econom?
What discipline is concerned with econom?
- Engineering Economics (correct)
- Economics
- Ethics
- Management
Which area of study focuses on the practical enterprise or project's cost or profit situation?
Which area of study focuses on the practical enterprise or project's cost or profit situation?
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What is the study of the production, distribution, and consumption of goods and services in the aviation industry?
What is the study of the production, distribution, and consumption of goods and services in the aviation industry?
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Study Notes
Economics
- Economics is the study of the production, distribution, and consumption of goods and services.
Business Terminology
- A practical enterprise or project's cost or profit situation is referred to as its economics.
Aviation Industry
- In the aviation industry, the study of production, distribution, and consumption of goods and services is also referred to as economics.
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