The resources which satisfy the human ne

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Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Introduction

Question:

The resources which satisfy the human needs are __________?

Which of the following options fits best in the above blank?

Options:

Free of cost

Unlimited

Scarce

None of the above

Correct Answer:

Scarce

Explanation:

The Correct Answer is option 3 : Scarce

As we all know, human wants are unlimited and resources are scarce. So, we can say that all the resources which satisfy the human needs are scarce.