A government spending more money on healthcare instead of a new stadium illustrates:

Type: MCQ • Marks: 1

A. Absence of scarcity

B. Unlimited resources

C. Choice and opportunity cost

D. No trade-off

Explanation

Explanation: Choosing healthcare means giving up some alternative use of the available funds.

Want to attempt the full test series with a timer and instant score? Purchase the package to unlock the complete test. Purchase Now

Class 9th Understanding Society India and Beyond, Part I

This page is indexed for search so students can find questions directly from Google.

Welcome to TutorWale!