passpadi

2011

Economics

POST UTME

The basic concepts of Economics are

A.

choice, scarcity, resources and efficiency

B.

wants, scarcity, choice, scale of preference and opportunity cost

C.

wants, scarcity and choice

D.

wants, choice, scale of preference and opportunity cost

Correct Answer: wants, scarcity, choice, scale of preference and opportunity cost

Explanation

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