Most of the problems of economics arises as a result of
ECONOMICS
WAEC 2006
Most of the problems of economics arises as a result of
- A. competing demand for scarce resources
- B. increase in the demand for more goods and services
- C. the desire of producers to supply more goods and services
- D. the need to reduce the level of poverty
Correct Answer: A. competing demand for scarce resources
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