The study of economics is necessary mainly because of
ECONOMICSJAMB 2016
The study of economics is necessary mainly because of
- A. Unemployment
- B. Unlimited resources
- C. Scarcity of resources
- D. Overpopulation
Correct Answer: C. Scarcity of resources
Explanation
Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people.
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly.
Your email address will not be published. Required fields are marked *