Practicing Success
Read the following statements carefully and choose the correct alternatives given below: |
Both the statements are true. Both the statements are false. Statement 1 is true and Statement 2 is false Statement 2 is true and Statement 1 is false |
Statement 2 is true and Statement 1 is false |
EVERYBODY faces scarcity of resources but since the question says "NOBODY" faces scarcity of resources, statement 1 is wrong. Very common saying in economics "Resources are scarce whereas, wants are unlimited". |