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Questions and Answers
What is the primary focus of FYBBA Business economics?
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?
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?
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
