Economics is a social science concerned with the proper use and______
ECONOMICS
JAMB 2019
Economics is a social science concerned with the proper use and______
- A. production of goods and services
- B. distribution of wealth
- C. allocation of resources for growth
- D. creation of utility
Correct Answer: C. allocation of resources for growth
Explanation
Economics study scarcity because the resources are limited. Also, it helps to study how resources are allocated or used up by the government, firm and individual.
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