Question : Scarcity and ______ go together.
Option 1: Choice
Option 2: Available resources
Option 3: Non-renewable resources
Option 4: All of the above
Answer (1)
27th Jan, 2024
Correct Answer: Choice
Solution : The scarcity of resources are a common feature of every economy and it gives rise to the problem of choice. If sources were available in plenty, there would not have been any problem of choice. Hence the correct option is 1.
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