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    Which of the following is incorrect?

    Options :-

    1. The central problem in economics is the allocation of scarce resources in such a manner that society's unlimited needs are satisfied as well as possible.
    2. In mixed economy, the government and the private sector interact in solving the basic economic questions.
    3. Microeconomics best describes the study of the behaviour of individual agents.
    4. An important theme in economics is that market systems are better than command (socialistic) economies.
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