Economic problems arises because
...Economic problems arises because
Resource are scarce relative to wants
Man is insatiable
Money is scarce
Man engages in too many economic activities
Correct answer is A
No explanation has been provided for this answer.
A major obstacle to economic development is? ...
The demand for beans in bags is given by the function Q - 36 + 0.4P = 0. Where P is price in nair...
Given that Y = C + 1, where C = 50 + 0.75 and 1 = N45m, what is the equilibrium level of income? ...
Which of the following is not a characteristics of money? ...
The most important goal of OPEC is to? ...
If the marginal utility of a commodity is equal to its price then ...
Which of the following budgets will increase government expenditure? ...