Question 5

Economic goods are termed scarce goods when they are

  • A.not available in sufficient quantities to satisfy all wants for them
  • B.not produced in sufficient quantities to satisfy the effective demand for them
  • C.of high quality
  • D.of primary importance in satisfying the needs of society
Objective

Question details

Exam body
UNN
Subject
Economics
Year
2007/2008
Question no.
#5
Type
Objective

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