Management Notes

Reference Notes for Management

Which of the following will be accomplished by efficient allocations of the factors of production?

Which of the following will be accomplished by efficient allocations of the factors of production?

Options : 

a) ensuring economic profitability

b) understanding whether a product will fail

c) fulfilling many needs and wants of society

d) replenishment of limited resources

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The correct answer is Option c) fulfilling many needs and wants of society

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Smirti

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