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The study of economics is necessary mainly because of

The study of economics is necessary mainly because of
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Unemployment
  • B Unlimited resources
  • C Scarcity of resources
  • D Overpopulation
Correct Answer: Option C
Explanation:
Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people.

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