Waec 2021 Economics Question 1

Practice objective / multiple choice question 1 from the 2021 Waec Economics examination. This question covers Economics .

Waec 2021 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 1 WAEC • 2021 • ECONOMICS • objective

The study of economics is important to every society because it

Answer Options

Correct Answer A. enables individuals to satisfy all their wants.
B. helps in the utilization of scarce resources.
C. helps producers to know what to produce.
D. restores equilibrium between producers and consumers.
Correct Answer
A
Correct Option:
enables individuals to satisfy all their wants.

About This Question

This is Waec 2021 Economics Question 1. It is one of the objective questions from the 2021 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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