Which of the following best illustrates scarcity at the enterprise level?

Type: MCQ • Marks: 1

A. A company receiving unlimited labour

B. A company having unlimited capital

C. A company having no production decisions

D. A company deciding whether to use limited funds for advertising or new machinery

Explanation

Explanation: Limited resources force enterprises to prioritise among alternatives.

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Class 9th Understanding Society India and Beyond, Part I

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