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question_answer Discussion Board for a Question on Quiz: Economics (WAEC 2000)

50 Questions · Public · Objective · Quiz suitable for all ages

1 Click Here To Discuss Question

Scarcity implies that

Select 1 Option (1 Mks)
  • goods cannot be produced efficiently
  • human wants are unlimited
  • goods and services are limited in supply
  • commodities are evenly distributed within the economy
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