Question on: JAMB Economics - 2018
The main concern of economists is to________-
A
Control the growth of population
B
Redistribute income between the rich and poor
C
Satisfy all human wants
D
Allocate scarce resources to satisfy human wants
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Correct Option: D
The Primary Concerns of Economics is the study of the organization of economic activities in society. Economics attempts to answer questions related to market prices, production and the gain of wealth. ... The basic economic problem states that while the desire of people is infinite, our resources are limited.
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