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The basic economics problem of what to produce arises as a result of ____________

The basic economics problem of what to produce arises as a result of ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Competing demands for scarce resources
  • B Excessive supply
  • C The availability of too many experts
  • D The failure of the price system
  • E The reduction of poverty
Correct Answer: Option A
Explanation:

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