Post Utme Bsu 2025 Economics Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Bsu Economics examination.

Post Utme Bsu 2025 Economics Objective / Multiple Choice

Question 31 POST_UTME_BSU • 2025 • ECONOMICS • objective

The concept of scarcity in economics implies that the production of one good is at the expense of another. Which of the following is a correct example of this principle?

Correct Answer A. A farmer must choose between planting wheat or corn due to limited land

B. A consumer must decide between buying a new car or a new house

C. A company must allocate its resources between producing goods or services

D. A government must decide between investing in infrastructure or education

Correct Answer

Correct Option:

A farmer must choose between planting wheat or corn due to limited land

This is Post Utme Bsu 2025 Economics Question 31. It is one of the objective questions from the 2025 Post Utme Bsu Economics examination.

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