Post Utme Al Hikmah University 2019 Economics Question 16

Practice objective / multiple choice question 16 from the 2019 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2019 Economics Objective / Multiple Choice
Question 16 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ECONOMICS • objective

The concept of scarcity in economics implies that

Answer Options

A. There is always enough to go around
B. People's wants are unlimited
Correct Answer C. Resources are limited
D. Economic growth is impossible
Correct Answer
C
Correct Option:
Resources are limited

About This Question

This is Post Utme Al Hikmah University 2019 Economics Question 16. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Economics examination.

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