Post Utme Unilag 2025 Economics Question 6

Practice objective / multiple choice question 6 from the 2025 Post Utme Unilag Economics examination.

Post Utme Unilag 2025 Economics Objective / Multiple Choice
Question 6 POST_UTME_UNILAG • 2025 • ECONOMICS • objective

The concept of scarcity in economics implies that the production of one good is limited by the availability of resources that could be used to produce another good. Which of the following is a correct example of scarcity in Nigeria?

Answer Options

Correct Answer A. The scarcity of skilled labor in the manufacturing sector
B. The abundance of fertile land in the agricultural sector
C. The high demand for imported goods in the consumer market
D. The low \cost of raw materials in the mining sector
Correct Answer
A
Correct Option:
The scarcity of skilled labor in the manufacturing sector

About This Question

This is Post Utme Unilag 2025 Economics Question 6. It is one of the objective questions from the 2025 Post Utme Unilag Economics examination.

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