Which of the following is not correct about business economics with reference to economics?

CA Foundation · Business Economics · PYQS · May 2025
Which of the following is not correct about business economics with reference to economics?
(A) A. Business economics helps in proper decision making in a particular business entity.
(B) B. Business economics has a narrow scope in comparison to economics.
(C) C. Economics is an applied branch of business economics.
(D) D. Business economics includes the analysis of micro level issues like demand, supply etc.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Economics is an applied branch of business economics.

Topics: Nature & Scope of Business Economics

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