MCQ
Identify the correct sequence of alternatives given in Column II by matching them with respective items in Column I:
| Column I | Column II |
| A. Economic problem | (i) Value of a factor in its next best alternative use |
| B. Centrally planned economies | (ii) Central problems are solved by the central authority |
| C. Opportunity cost | (iii) All points on and inside the PPC |
| D. Attainable combinations of output | (iv) Problem concerning the allocation of the resources to different uses |
- AA-(ii), B-(iii), C-(iv), D-(i)
- BA-(ii), B-(i), C-(iv), D-(iii)
- ✓A-(iv), B-(ii), C-(i), D-(iii)
- DA-(iii), B-(iv), C-(ii), D-(i)