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Which of the following is incorrect?
Options :-
- 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.
- In mixed economy, the government and the private sector interact in solving the basic economic questions.
- Microeconomics best describes the study of the behaviour of individual agents.
- An important theme in economics is that market systems are better than command (socialistic) economies.
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