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Scarcity in economics means ____

Scarcity in economics means ____
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A period of scarce things
  • B When things are costly to acquire
  • C Monopolisation of available resources by a few
  • D Nationalisation of natural resources suchas petroleum in Venezuela
  • E None of the above.
Correct Answer: Option E
Explanation:

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