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The Need To Construct A Scale Of Preference Is Necessitated By ________? - Erudites Academy
Economics JAMB

The need to construct a scale of preference is necessitated by ________?

A. scarcity and the need for choice
B. The needs to satisfy wants
C. Non – availability of factors of production
D. Scarcity of resources

Correct Answer:

Option A – scarcity and the need for choice

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