Question : It involves deciding the technique of production to be used to produce goods and services?
 

Option 1: What to produce.
 

Option 2: How to produce
 

Option 3: For whome to produce
 

Option 4: None of the above.
 

Question : The technique used where more of labour are used to produce goods and services.
 

Option 1: Labour-intensive
 

Option 2: Capital-intensive
 

Option 3: Both A and B
 

Option 4: None of the above.
 

Question : The technique used where more of capital are used to produce goods and services.
 

Option 1: Labour-intensive
 

Option 2: Capital-intensive
 

Option 3: Both A and B
 

Option 4: None of the above.
 

Question : Buildings, machinery, tools, and equipment are a few examples of the capital goods that firms employ to produce their goods and services.

Option 1: Consumer goods

Option 2: Inferior goods

Option 3: Intermediate goods

Option 4: Capital goods

Question : Flow of Goods and Services and factors of production across different sectors in a barter economy is known as:

Option 1: Circular Flow

Option 2: Real Flow

Option 3: Monetary Flow

Option 4: Capital Flow