Post Utme Pan Atlantic University 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2022 Economics Objective / Multiple Choice

Question 33 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • ECONOMICS • objective

The concept of scarcity in economics refers to the

Answer Options

A. inability to produce a good or service

Correct Answer B. inability to meet the wants and needs of society

C. inability to produce a good or service at a given price

D. inability to produce a good or service at a given quantity

Correct Answer

Correct Option:

inability to meet the wants and needs of society

About This Question

This is Post Utme Pan Atlantic University 2022 Economics Question 33. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Economics examination.

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