An economic problem arises primarily due to scarcity of resources. Scarcity of resources is best reflected in the market supply of — W. Wheat and rice X. Sand at sea shore Y. High-brand jewellery Z. Free air. Correct opt
CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · December 2013
An economic problem arises primarily due to scarcity of resources. Scarcity of resources is best reflected in the market supply of — W. Wheat and rice X. Sand at sea shore Y. High-brand jewellery Z. Free air. Correct option is —
Answer & Explanation:
Correct Answer: Option (C)
Correct answer: (C) WY.
Topics: Business Economics
Related Questions in this Topic
- Depreciation of rupee would normally result in ______
- Under Production Theory, the expression Q x = f(L,K) represents ______
- Which one of the following is the regulating authority for governing the Insurance companies in India?
- Demographic dividend refers to a phenomenon in which ______
- The fastest rate of growth in terms of income generated has been recorded in the past couple of decades, in the ______