Question 16
EasyOriginal questionRead the two statements and choose the correct option.
I. Human wants are unlimited.
II. Resources to satisfy wants are unlimited.
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Wants keep growing as old ones are met, so statement I is true.
Resources are limited; that is the root of scarcity, so II is false.
- Concept
- Wants and resources
- Typical timeTypical
- 40 s
- Your timeYours
- —
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