Chapter 9 The Price Puzzle What Drives the Market - Part 1

Why does scarcity force people to make choices?

Type: MCQ • Marks: 1
Why does scarcity force people to make choices?
Options
A. Not all wants can be satisfied with available resources
B. Resources are unlimited
C. Choices have no consequences
D. Wants are absent
Explanation
Explanation: Limited resources require people to decide which uses should receive priority.
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Class 9th Understanding Society India and Beyond, Part I

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