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Basic Economic Entities in an Economy — Economics STD 9 — Question

ICSE BoardEnglish MediumSTD 9EconomicsBasic Economic Entities in an Economy1 Mark
MCQ
Producers are important because
  • A
    they produce and supply goods and services in the market
  • B
    they create demand for various factors of production in their productive activities
  • ✓
    Both (a) and (b)
  • D
    neither (a) nor (b)
✓

Answer

Correct option: C.
Both (a) and (b)
C

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