Scarcity implies that
...Scarcity implies that
Goods cannot be produced efficiently
Human wants are unlimited
Goods and services are limited in supply
Commodities are evenly distributed within the economy
Correct answer is C
No explanation has been provided for this answer.
Infant industries are industries that ...
A consumer maximizes his utility in consuming a good 'X' when ...
The basic idea behind brand differentiation under an imperfect market arrangement is to ...
Branding and packaging of goods is the function of ...
An imperfect market in which there is only one buyer of a commodity is ...
Where was oil first discovered in commercial quantities in Nigeria? ...
The foreign exchange market is a market where ...
Proportional tax refers to ...
The reduction in the value of a country's currency of other nations is known as ...