FYBBA Business Economics Quiz
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Questions and Answers

What is the primary focus of FYBBA Business economics?

  • Study of macroeconomic policies
  • Exploration of consumer behavior
  • Examination of international trade patterns
  • Analysis of business decision-making (correct)

    • Which factor is a key consideration in business economics?

  • Opportunity cost (correct)
  • Fiscal policy
  • Balance of trade
  • Price elasticity of demand

    • What is the main objective of studying business economics?

  • To understand market demand-supply dynamics
  • To optimize resource allocation in business (correct)
  • To predict exchange rate fluctuations
  • To analyze government budgetary policies

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