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Central Problems & the PPC · Question 24 of 87

Question 24

MediumOriginal question

Which of these is NOT a feature of resources that gives rise to the economic problem?

Options for question 24

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. The problem arises because resources are limited and have alternative uses.

  2. Resources free and unlimited would remove the problem, not cause it.

Concept
Features of resources
Typical time
70 s
Your time
—
The rule this testsScarcity and the central problems
Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.

Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.