The ultimate objectives of economics is to_________?

ECONOMICSJAMB 2018

The ultimate objectives of economics is to_________?

  • A. decide under what circumstances that government should intervene in the economy
  • B. Organize production at the lowest cost
  • C. Make the best use of scarce resources
  • D. make efforts to understands how the economy works

Correct Answer: C. Make the best use of scarce resources

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