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Subject - Economics:

Miscellaneous

MCQ - 225-4235

Question:

Economic problem arises because of–

  1. Scarcity of means
  2. Multiplicity of resources
  3. Scarcity of wants
  4. Multiplicity of resources

Correct Answer: A

Explanation:

Sol.Economic problem arises due to two reasons - (i) The scarcity of means or resources having alternative uses (ii) Unlimited human wants.

Record Performance

269 MCQ for effective preparation of the test of Miscellaneous of Economics section.

Read the MCQ statement: Economic problem arises because of– , keenly and apply the method you have learn through the video lessons for Miscellaneous to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 225-4235.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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