Which of the following does not describe the nature of business economics?

CA Foundation · Business Economics · PYQS · January 2025
Which of the following does not describe the nature of business economics?
(A) A. It is normative in nature.
(B) B. It is abstract and purely theoretical.
(C) C. It is an art.
(D) D. It incorporates elements of Macro Analysis.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. It is abstract and purely theoretical.

Topics: Nature & Scope of Business Economics

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