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Economics for Today 7th Edition by Irvin Tucker
النسخة 7الرقم المعياري الدولي: 978-1133154457Economics for Today 7th Edition by Irvin Tucker
النسخة 7الرقم المعياري الدولي: 978-1133154457 تمرين 2
Which of the following would eliminate scarcity as an economic problem?
A) Moderation of people's competitive instincts
B) Discovery of sufficiently large new energy reserves
C) Resumption of steady productivity growth
D) None of the above because scarcity cannot be eliminated
A) Moderation of people's competitive instincts
B) Discovery of sufficiently large new energy reserves
C) Resumption of steady productivity growth
D) None of the above because scarcity cannot be eliminated
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موثّق
موثّق
Correct answer is 'D'.
Scarcity is a condition where the human wants are always greater than the available supply of resources like time, goods or services. Due to this condition it is impossible to satisfy wants or desires of every one.
Hence scarcity cannot be eliminated whatever be the condition.
Scarcity is a condition where the human wants are always greater than the available supply of resources like time, goods or services. Due to this condition it is impossible to satisfy wants or desires of every one.
Hence scarcity cannot be eliminated whatever be the condition.
Economics for Today 7th Edition by Irvin Tucker
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