The main concern of economists is to
ECONOMICS
WAEC 2008
The main concern of economists is to
- A. allocate scarce resouces to satisfy human wants
- B. satisfy all human wants
- C. redistribute income between the rich and the poor
- D. control the growth of population
Correct Answer: A. allocate scarce resouces to satisfy human wants
Explanation
The main objectives of economics are to allocate scarce resources to satisfy human wants.
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *