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Economics is a social science concerned with the proper use and______

Economics is a social science concerned with the proper use and______
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Production of goods and services
  • B Distribution of wealth
  • C Allocation of resources for growth
  • D Creation of utility
Correct Answer: Option C
Explanation:
Economics study scarcity because the resources are limited. Also, it helps to study how resources are allocated or used up by the government, firm and individual.

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