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  9. Q2
Question 2

Scarcity in economics means

  • A.shortage of commodity
  • B.unlimited demands for consumer goods
  • C.limited supply of goods and services
  • D.total absence of a commodity in the market
  • E.high cost of a commodity
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1995
Question no.
#2
Type
Objective
Previous · Q1Economics is a social science which studies how Next · Q3 The decision on what to produce is a problem in

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