Which statement best explains the economic problem?

Type: MCQ • Marks: 1

A. Society has no wants

B. Society must decide how to use scarce resources to satisfy competing wants

C. Resources are unlimited

D. Every want can always be satisfied

Paid test series. Purchase the package to see the correct answer and explanation. 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!