Utme 2020 Economics Question 8

Practice objective / multiple choice question 8 from the 2020 Utme Economics examination. This question covers Economics .

Utme 2020 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 8 UTME • 2020 • ECONOMICS • objective

Scarcity in economies implies that

Answer Options

Correct Answer A. the economy has very few resources
B. human wants are limitless
C. the economy can scarcely produce anything
D. resources are limited in relation to wants
Correct Answer
A
Correct Option:
the economy has very few resources

About This Question

This is Utme 2020 Economics Question 8. It is one of the objective questions from the 2020 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Utme 2020 Economics Questions More Utme Practice Questions Back to Questions

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